TotalEnergies SE (TTE) 6-K 28 Jul 22 Current report (foreign) Financial data

Document and Entity Information

Document and Entity Information	6 Months Ended
	Jun. 30, 2022
Document and Entity Information
Entity Registrant Name	TotalEnergies SE
Entity Central Index Key	0000879764
Document Type	6-K
Document Period End Date	Jun. 30, 2022
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q2

CONSOLIDATED STATEMENT OF INCOM

CONSOLIDATED STATEMENT OF INCOME $ in Millions	3 Months Ended						6 Months Ended
	Jun. 30, 2022 USD ($) $ / shares	Jun. 30, 2022 € / shares	Mar. 31, 2022 USD ($) $ / shares	Mar. 31, 2022 € / shares	Jun. 30, 2021 USD ($) $ / shares	Jun. 30, 2021 € / shares	Jun. 30, 2022 USD ($) $ / shares	Dec. 31, 2021 USD ($)	Jun. 30, 2021 USD ($) $ / shares
CONSOLIDATED STATEMENT OF INCOME
Sales	$ 74,774		$ 68,606		$ 47,049		$ 143,380		$ 90,786
Excise taxes	(4,329)		(4,656)		(5,416)		(8,985)		(10,520)
Revenues from sales	70,445		63,950		41,633		134,395		80,266
Purchases, net of inventory variation	(45,443)		(39,648)		(26,719)		(85,091)		(50,117)
Other operating expenses	(8,041)		(7,623)		(6,717)		(15,664)		(13,597)
Exploration costs	(117)		(861)		(123)		(978)		(290)
Depreciation, depletion and impairment of tangible assets and mineral interests	(3,102)		(3,679)		(3,121)		(6,781)		(6,446)
Other income	429		143		223		572		581
Other expense	(1,305)		(2,290)		(298)		(3,595)		(957)
Financial interest on debt	(572)		(462)		(501)		(1,034)		(967)
Financial income and expense from cash & cash equivalents	245		214		77		459		172
Cost of net debt	(327)		(248)		(424)		(575)		(795)
Other financial income	231		203		265		434		374
Other financial expense	(136)		(135)		(131)		(271)		(261)
Net income (loss) from equity affiliates	(1,546)		43		(680)		(1,503)		201
Income taxes	(5,284)		(4,804)		(1,609)		(10,088)		(3,248)
Consolidated net income	5,804		5,051		2,299		10,855	$ 10,655	5,711
TotalEnergies share	5,692		4,944		2,206		10,636		5,550
Non-controlling interests	$ 112		$ 107		$ 93		$ 219		$ 161
Earnings per share (in dollars or Euros per share) | (per share)	$ 2.18	€ 2.03	$ 1.87	€ 1.67	$ 0.80	€ 0.66	$ 4.04		$ 2.04
Fully-diluted earnings per share (in dollars or Euros per share) | (per share)	$ 2.16	€ 2.03	$ 1.85	€ 1.65	$ 0.80	€ 0.66	$ 4.02		$ 2.03

CONSOLIDATED STATEMENT OF COMPR

CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME - USD ($) $ in Millions	3 Months Ended			6 Months Ended
	Jun. 30, 2022	Mar. 31, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME
Consolidated net income	$ 5,804	$ 5,051	$ 2,299	$ 10,855	$ 5,711
Other comprehensive income
Actuarial gains and losses	204		449	204	449
Change in fair value of investments in equity instruments	(20)	3	56	(17)	68
Tax effect	(53)	11	(142)	(42)	(154)
Currency translation adjustment generated by the parent company	(5,387)	(1,750)	1,239	(7,137)	(2,934)
Items not potentially reclassifiable to profit and loss	(5,256)	(1,736)	1,602	(6,992)	(2,571)
Currency translation adjustment	2,523	1,012	(746)	3,535	1,777
Cash flow hedge	3,222	(263)	(424)	2,959	80
Variation of foreign currency basis spread	21	49	(4)	70	(4)
share of other comprehensive income of equity affiliates, net amount	2,548	(84)	(18)	2,464	451
Other	(1)		(1)	(1)
Tax effect	(1,112)	53	100	(1,059)	(57)
Items potentially reclassifiable to profit and loss	7,201	767	(1,093)	7,968	2,247
Total other comprehensive income (net amount)	1,945	(969)	509	976	(324)
Comprehensive income	7,749	4,082	2,808	11,831	5,387
TotalEnergies share	7,705	3,953	2,670	11,658	5,212
Non-controlling interests	$ 44	$ 129	$ 138	$ 173	$ 175

CONSOLIDATED BALANCE SHEET

CONSOLIDATED BALANCE SHEET - USD ($) $ in Millions	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2021	Jun. 30, 2021
Non-current assets
Intangible assets, net	$ 37,020	$ 32,504	$ 32,484	$ 33,359
Property, plant and equipment, net	101,454	104,450	106,559	106,791
Equity affiliates : investments and loans	28,210	29,334	31,053	29,712
Other investments	1,383	1,490	1,625	2,247
Non-current financial assets	1,612	1,490	2,404	3,778
Deferred income taxes	4,737	5,299	5,400	6,578
Other non-current assets	3,075	3,033	2,797	2,800
Total non-current assets	177,491	177,600	182,322	185,265
Current assets
Inventories, net	28,542	24,456	19,952	19,162
Accounts receivable, net	30,796	32,000	21,983	17,192
Other current assets	55,553	50,976	35,144	17,585
Current financial assets	7,863	7,415	12,315	4,404
Cash and cash equivalents	32,848	31,276	21,342	28,643
Assets classified as held for sale	313	856	400	456
Total current assets	155,915	146,979	111,136	87,442
Total assets	333,406	324,579	293,458	272,707
Shareholders' equity
Common shares	8,163	8,137	8,224	8,224
Paid-in surplus and retained earnings	125,554	123,008	117,849	110,967
Currency translation adjustment	(14,019)	(13,643)	(12,671)	(11,087)
Treasury shares	(3,010)	(1,022)	(1,666)	(8)
Total shareholders' equity - TotalEnergies share	116,688	116,480	111,736	108,096
Non-controlling interests	3,309	3,375	3,263	2,480
Total shareholders' equity	119,997	119,855	114,999	110,576
Non-current liabilities
Deferred income taxes	12,169	11,281	10,904	10,596
Employee benefits	2,341	2,610	2,672	3,305
Provisions and other non-current liabilities	23,373	21,649	20,269	20,716
Non-current financial debt	46,868	46,546	49,512	52,331
Total non-current liabilities	84,751	82,086	83,357	86,948
Current liabilities
Accounts payable	49,700	46,869	36,837	29,752
Other creditors and accrued liabilities	62,498	56,972	42,800	27,836
Current borrowings	16,003	18,252	15,035	16,983
Other current financial liabilities	401	502	372	322
Liabilities directly associated with the assets classified as held for sale	56	43	58	290
Total current liabilities	128,658	122,638	95,102	75,183
Total liabilities & shareholders' equity	$ 333,406	$ 324,579	$ 293,458	$ 272,707

CONSOLIDATED STATEMENT OF CASH

CONSOLIDATED STATEMENT OF CASH FLOW - USD ($) $ in Millions	3 Months Ended			6 Months Ended
	Jun. 30, 2022	Mar. 31, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
CASH FLOW FROM OPERATING ACTIVITIES
Consolidated net income	$ 5,804	$ 5,051	$ 2,299	$ 10,855	$ 5,711
Depreciation, depletion, amortization and impairment	3,321	4,578	3,287	7,899	6,760
Non-current liabilities, valuation allowances and deferred taxes	1,427	2,538	210	3,965	331
(Gains) losses on disposals of assets	(165)	(13)	(85)	(178)	(370)
Undistributed affiliates' equity earnings	2,999	262	1,255	3,261	682
(Increase) decrease in working capital	2,498	(4,923)	669	(2,425)	(150)
Other changes, net	400	124	(84)	524	185
Cash flow from operating activities	16,284	7,617	7,551	23,901	13,149
CASH FLOW USED IN INVESTING ACTIVITIES
Intangible assets and property, plant and equipment additions	(5,150)	(3,457)	(2,675)	(8,607)	(5,085)
Acquisitions of subsidiaries, net of cash acquired	(82)		(170)	(82)	(170)
Investments in equity affiliates and other securities	(136)	(89)	(307)	(225)	(2,433)
Increase in non-current loans	(278)	(241)	(380)	(519)	(680)
Total expenditures	(5,646)	(3,787)	(3,532)	(9,433)	(8,368)
Proceeds from disposals of intangible assets and property, plant and equipment	153	177	45	330	271
Proceeds from disposals of subsidiaries, net of cash sold	63	88		151	229
Proceeds from disposals of non-current investments	35	215	216	250	279
Repayment of non-current loans	413	929	167	1,342	301
Total divestments	664	1,409	428	2,073	1,080
Cash flow used in investing activities	(4,982)	(2,378)	(3,104)	(7,360)	(7,288)
CASH FLOW USED IN FINANCING ACTIVITIES
Issuance (repayment) of shares: Parent company shareholders	371		381	371	381
Issuance (repayment) of shares: Treasury shares	(1,988)	(1,176)		(3,164)	(165)
Dividends paid: Parent company shareholders	(1,825)	(1,928)	(2,094)	(3,753)	(4,184)
Dividends paid: Non-controlling interests	(97)	(22)	(53)	(119)	(63)
Net issuance (repayment) of perpetual subordinated notes	(1,958)	1,958			3,248
Payments on perpetual subordinated notes	(138)	(136)	(147)	(274)	(234)
Other transactions with non-controlling interests	(10)	5		(5)	(55)
Net issuance (repayment) of non-current debt	508	34	51	542	(839)
Increase (decrease) in current borrowings	(2,703)	657	(4,369)	(2,046)	(6,031)
Increase (decrease) in current financial assets and liabilities	(731)	5,594	(67)	4,863	(215)
Cash flow from (used in) financing activities	(8,571)	4,986	(6,298)	(3,585)	(8,157)
Net increase (decrease) in cash and cash equivalents	2,731	10,225	(1,851)	12,956	(2,296)
Effect of exchange rates	(1,159)	(291)	209	(1,450)	(329)
Cash and cash equivalents at the beginning of the period	31,276	21,342	30,285	21,342	31,268
Cash and cash equivalents at the end of the period	$ 32,848	$ 31,276	$ 28,643	$ 32,848	$ 28,643

CONSOLIDATED STATEMENT OF CHANG

CONSOLIDATED STATEMENT OF CHANGES IN SHAREHOLDERS' EQUITY - USD ($) $ in Millions		Shareholders' equity - TotalEnergies share	Common shares issued	Paid-in surplus and retained earnings	Currency translation adjustment	Treasury shares	Non-controlling interests	Total
Equity as of the beginning of the period at Dec. 31, 2020		$ 103,702	$ 8,267	$ 107,078	$ (10,256)	$ (1,387)	$ 2,383	$ 106,085
Common shares issued as of the beginning of the period at Dec. 31, 2020			2,653,124,025			(24,392,703)
Net income		5,550		5,550			161	5,711
Other comprehensive income		(338)		485	(823)		14	(324)
Comprehensive income		5,212		6,035	(823)		175	5,387
Dividend		(4,189)		(4,189)			(63)	(4,252)
Issuance of common shares		381	$ 31	350				381
Issuance of common shares (in shares)			10,589,713
Purchase of treasury shares		(165)				$ (165)		(165)
Purchase of treasury shares (in shares)						(3,636,351)
Sale of treasury shares	[1]			(216)		$ 216
Sale of treasury shares (in shares)	[1]					4,570,220
Share-based payments		61		61				61
Share cancellation			$ (74)	(1,254)		$ 1,328
Share cancellation (in shares)			(23,284,409)			23,284,409
Net issuance (repayment) of perpetual subordinated notes		3,254		3,254				3,254
Payments on perpetual subordinated notes		(184)		(184)				(184)
Other operations with non-controlling interests		20		26	(6)		(20)
Other items		4		6	(2)		5	9
Equity as of the end of the period at Jun. 30, 2021		108,096	$ 8,224	110,967	(11,087)	$ (8)	2,480	110,576
Common shares issued as of the end of the period at Jun. 30, 2021			2,640,429,329			(174,425)
Net income		10,482		10,482			173	10,655
Other comprehensive income		(1,078)		506	(1,584)		(44)	(1,122)
Comprehensive income		9,404		10,988	(1,584)		129	9,533
Dividend		(4,011)		(4,011)			(61)	(4,072)
Purchase of treasury shares		(1,658)				$ (1,658)		(1,658)
Purchase of treasury shares (in shares)						(33,669,654)
Sale of treasury shares (in shares)	[1]					2,975
Share-based payments		82		82				82
Payments on perpetual subordinated notes		(184)		(184)				(184)
Other operations with non-controlling interests		4		4			709	713
Other items		3		3			6	9
Equity as of the end of the period at Dec. 31, 2021		111,736	$ 8,224	117,849	(12,671)	$ (1,666)	3,263	114,999
Common shares issued as of the end of the period at Dec. 31, 2021			2,640,429,329			(33,841,104)
Net income								5,051
Other comprehensive income								(969)
Comprehensive income								4,082
Equity as of the end of the period at Mar. 31, 2022								119,855
Equity as of the beginning of the period at Dec. 31, 2021		111,736	$ 8,224	117,849	(12,671)	$ (1,666)	3,263	114,999
Common shares issued as of the beginning of the period at Dec. 31, 2021			2,640,429,329			(33,841,104)
Net income		10,636		10,636			219	10,855
Other comprehensive income		1,022		2,370	(1,348)		(46)	976
Comprehensive income		11,658		13,006	(1,348)		173	11,831
Dividend		(3,803)		(3,803)			(119)	(3,922)
Issuance of common shares		371	$ 26	345				371
Issuance of common shares (in shares)			9,367,482
Purchase of treasury shares		(3,164)				$ (3,164)		(3,164)
Purchase of treasury shares (in shares)						(58,458,536)
Sale of treasury shares	[1]			(315)		$ 315
Sale of treasury shares (in shares)	[1]					6,168,197
Share-based payments		157		157				157
Share cancellation			$ (87)	(1,418)		$ 1,505
Share cancellation (in shares)			(30,665,526)			30,665,526
Net issuance (repayment) of perpetual subordinated notes		(44)		(44)				(44)
Payments on perpetual subordinated notes		(183)		(183)				(183)
Other operations with non-controlling interests		4		4			(9)	(5)
Other items		(44)		(44)			1	(43)
Equity as of the end of the period at Jun. 30, 2022		116,688	$ 8,163	125,554	(14,019)	$ (3,010)	3,309	119,997
Common shares issued as of the end of the period at Jun. 30, 2022			2,619,131,285			(55,465,917)
Equity as of the beginning of the period at Mar. 31, 2022								119,855
Net income								5,804
Other comprehensive income								1,945
Comprehensive income								7,749
Equity as of the end of the period at Jun. 30, 2022		$ 116,688	$ 8,163	$ 125,554	$ (14,019)	$ (3,010)	$ 3,309	$ 119,997
Common shares issued as of the end of the period at Jun. 30, 2022			2,619,131,285			(55,465,917)
[1] Treasury shares related to the performance share grants.

Basis of preparation of the con

Basis of preparation of the consolidated financial statements	6 Months Ended
	Jun. 30, 2022
Basis of preparation of the consolidated financial statements
Basis of preparation of the consolidated financial statements	1) Basis of preparation of the consolidated financial statements The consolidated financial statements are prepared in accordance with International Financial Reporting Standards (IFRS) as adopted by the European Union and IFRS as published by the International Accounting Standards Board (IASB). The interim consolidated financial statements of TotalEnergies SE and its subsidiaries (the Company) as of June 30, 2022, are presented in U.S. dollars and have been prepared in accordance with International Accounting Standard (IAS) 34 “Interim Financial Reporting”. The accounting principles applied for the consolidated financial statements at June 30, 2022, are consistent with those used for the financial statements at December 31, 2021. Since January 1, 2020, the Company has early adopted the amendments to IFRS 7 and IFRS 9 relating to the interest rate benchmark reform phase II. In particular, these amendments allow to maintain the hedge accounting qualification of interest rate derivatives. The preparation of financial statements in accordance with IFRS for the closing as of June 30, 2022 requires the General Management to make estimates, assumptions and judgments that affect the information reported in the Consolidated Financial Statements and the Notes thereto. These estimates, assumptions and judgments are based on historical experience and other factors believed to be reasonable at the date of preparation of the financial statements. They are reviewed on an on-going basis by General Management and therefore could be revised as circumstances change or as a result of new information. The main estimates, judgments and assumptions relate to the estimation of hydrocarbon reserves in application of the successful efforts method for the oil and gas activities, asset impairments, employee benefits, asset retirement obligations and income taxes. These estimates and assumptions are described in the Notes to the Consolidated Financial Statements as of December 31, 2021. The interim consolidated financial statements are impacted by the Russian-Ukrainian conflict described in paragraph 7 Other risks and commitments. The Company has taken this environment into account in its estimates and recorded in its accounts as of March 31, 2022, an impairment of $(4,095) million, concerning notably Arctic LNG 2. As of June 30, 2022, TotalEnergies recorded in its accounts a new $(3,513) million impairment charge related mainly to the potential impact of international sanctions on the value of its Novatek stake. Different estimates, assumptions and judgments could significantly affect the information reported, and actual results may differ from the amounts included in the Consolidated Financial Statements and the Notes thereto. Furthermore, when the accounting treatment of a specific transaction is not addressed by any accounting standard or interpretation, the General Management of the Company applies its judgment to define and apply accounting policies that provide information consistent with the general IFRS concepts: faithful representation, relevance and materiality.

Changes in the Company structur

Changes in the Company structure	6 Months Ended
	Jun. 30, 2022
Changes in the Company structure
Changes in the Company structure	2) Changes in the Company structure 2.1) Main acquisitions and divestments ● Integrated Gas, Renewables & Power ● On February 28, 2022, TotalEnergies has successfully been named a winner of maritime lease area OCS-A 0538 by the BOEM (Bureau of Ocean Energy Management) in the New York Bight auction in United States. This bid for the development of an offshore wind farm off the U.S. East Coast was won for a consideration of $795 million (100)% by both TotalEnergies and EnBW. Located up to 47 nautical miles (87 kilometers) from the coast, the lease covers a 132 square miles (341 square kilometer) area that could accommodate a generation capacity of at least 3 GW, enough to provide power to about one million homes. The project is expected to come online by 2028. ● Exploration & Production ● In January 2022, TotalEnergies has decided to initiate the contractual process of withdrawing from the Yadana field and from MGTC in Myanmar, both as operator and as shareholder, without any financial compensation for TotalEnergies. As a result, TotalEnergies registered an impairment of assets of $(201) million in operational result and of $(305) million in TotalEnergies’ share net result in the financial statements as of December 31, 2021. This withdrawal became effective on 20 July 2022. ● In February 2022, TotalEnergies announced its decision not to sanction and so to withdraw from the North Platte deepwater project in the US Gulf of Mexico. The decision not to continue with the project was taken as TotalEnergies has better opportunities of allocation of its capital within its global portfolio. An impairment of the project’s assets has been recorded in the consolidated financial statements of the first quarter of 2022, for an amount of $(957) million in net income, TotalEnergies’ share. ● In April 2022, TotalEnergies finalized the acquisition of the Atapu and Sepia pre-salt oil fields offered by Brazil’s National Agency of Petroleum, Natural Gas and Biofuels (ANP) in the Transfer of Rights (ToR) Surplus bidding round, that took place in December 2021. The details of the acquisition are presented in Note 2.2 to the consolidated financial statements. 2.2) Major business combinations ● Exploration & Production ● Transfer of rights in the Atapu and Sepia fields in Brazil On 26 April 2022, Petrobras transferred to TotalEnergies 22.5% of the rights of the pre-salt Atapu oil field. Production started in 2020 and has reached a plateau of 160,000 barrels per day with a first Floating, Production, Storage and Offloading unit (FPSO). A second FPSO is planned to be sanctioned, which would increase the overall oil production of the field to around 350,000 b/d. On 27 April 2022, Petrobras also transferred to TotalEnergies 28% of the rights of the pre-salt Sepia oil field. Production started in 2021 and is targeting a plateau of 180,000 barrels per day with a first Floating, Production, Storage and Offloading unit (FPSO). A second FPSO is planned to be sanctioned, which would increase the overall oil production of the field to around 350,000 b/d. In accordance with IFRS 3, TotalEnergies is assessing the fair value of identifiable acquired assets, liabilities and contingent liabilities on the basis of available information. This assessment will be finalised within 12 months following the acquisition date. ​ 2.3) Divestment projects As of June 30, 2022, there is no material divestment project recorded in “assets held for sale”.

Business segment information

Business segment information	6 Months Ended
	Jun. 30, 2022
Business segment information
Business segment information	3) Business segment information Description of the business segments Financial information by business segment is reported in accordance with the internal reporting system and shows internal segment information that is used to manage and measure the performance of TotalEnergies and which is reviewed by the main operational decision-making body of the Company, namely the Executive Committee. The operational profit and assets are broken down by business segment prior to the consolidation and inter-segment adjustments. Sales prices between business segments approximate market prices. The organization of the Company’s activities is structured around the four followings segments: - An Integrated Gas, Renewables & Power segment comprising integrated gas (including LNG) and low carbon electricity businesses. It includes the upstream and midstream LNG activity; - An Exploration & Production segment; Starting September 2021, it notably includes the carbon neutrality activity that was previously reported in the Integrated Gas, Renewables & Power segment; - A Refining & Chemicals segment constituting a major industrial hub comprising the activities of refining, petrochemicals and specialty chemicals. This segment also includes the activities of oil Supply, Trading and marine Shipping; - A Marketing & Services segment including the global activities of supply and marketing in the field of petroleum products; In addition the Corporate segment includes holdings operating and financial activities. Adjustment items Performance indicators excluding the adjustment items, such as adjusted operating income, adjusted net operating income, and adjusted net income are meant to facilitate the analysis of the financial performance and the comparison of income between periods. Adjustment items include: (i) Special items Due to their unusual nature or particular significance, certain transactions qualified as “special items” are excluded from the business segment figures. In general, special items relate to transactions that are significant, infrequent or unusual. However, in certain instances, transactions such as restructuring costs or assets disposals, which are not considered to be representative of the normal course of business, may be qualified as special items although they may have occurred within prior years or are likely to occur again within the coming years. (ii) The inventory valuation effect The adjusted results of the Refining & Chemicals and Marketing & Services segments are presented according to the replacement cost method. This method is used to assess the segments’ performance and facilitate the comparability of the segments’ performance with those of its competitors. In the replacement cost method, which approximates the LIFO (Last-In, First-Out) method, the variation of inventory values in the statement of income is, depending on the nature of the inventory, determined using either the month-end prices differential between one period and another or the average prices of the period rather than the historical value. The inventory valuation effect is the difference between the results according to the FIFO (First-In, First-Out) and the replacement cost methods. ​ (iii) Effect of changes in fair value The effect of changes in fair value presented as adjustment items reflects for certain transactions differences between the internal measure of performance used by TotalEnergies’s management and the accounting for these transactions under IFRS. IFRS requires that trading inventories be recorded at their fair value using period end spot prices. In order to best reflect the management of economic exposure through derivative transactions, internal indicators used to measure performance include valuations of trading inventories based on forward prices. TotalEnergies, in its trading activities, enters into storage contracts, whose future effects are recorded at fair value in the Company’s internal economic performance. IFRS precludes recognition of this fair value effect. Furthermore, TotalEnergies enters into derivative instruments to risk manage certain operational contracts or assets. Under IFRS, these derivatives are recorded at fair value while the underlying operational transactions are recorded as they occur. Internal indicators defer the fair value on derivatives to match with the transaction occurrence. The adjusted results (adjusted operating income, adjusted net operating income, adjusted net income) are defined as replacement cost results, adjusted for special items and the effect of changes in fair value. 3.1) Information by business segment ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 1 st half 2022 ​ Integrated Gas, ​ Exploration ​ Refining ​ Marketing ​ ​ ​ ​ ​ ​ ​ ​ Renewables ​ & ​ & ​ & ​ ​ ​ ​ ​ ​ (M$) & Power Production Chemicals Services Corporate Intercompany Total External sales 22,575 4,672 66,069 50,056 8 - 143,380 Intersegment sales 3,360 27,623 22,062 983 133 (54,161) - Excise taxes - - (378) (8,607) - - (8,985) Revenues from sales 25,935 32,295 87,753 42,432 141 (54,161) 134,395 Operating expenses (22,629) (11,468) (80,653) (40,294) (850) 54,161 (101,733) Depreciation, depletion and impairment of tangible assets and mineral interests (648) (4,773) (769) (514) (77) - (6,781) Operating income 2,658 16,054 6,331 1,624 (786) - 25,881 Net income (loss) from equity affiliates and other items (1,677) (3,426) 505 56 179 - (4,363) Tax on net operating income (554) (7,739) (1,391) (521) 97 - (10,108) Net operating income 427 4,889 5,445 1,159 (510) - 11,410 Net cost of net debt ​ ​ ​ ​ ​ ​ (555) Non-controlling interests ​ ​ ​ ​ ​ ​ (219) Net income - TotalEnergies share ​ ​ ​ ​ ​ ​ 10,636 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 1 st half 2022 (adjustments) (a) ​ Integrated Gas, ​ Exploration ​ Refining ​ Marketing ​ ​ ​ ​ ​ ​ ​ ​ Renewables ​ & ​ & ​ & ​ ​ ​ ​ ​ ​ (M$) & Power Production Chemicals Services Corporate Intercompany Total External sales (3) - - - - - (3) Intersegment sales - - - - - - - Excise taxes - - - - - - - Revenues from sales (3) - - - - - (3) Operating expenses (723) (873) 1,722 641 (433) - 334 Depreciation, depletion and impairment of tangible assets and mineral interests (14) (539) - (33) (9) - (595) Operating income (b) (740) (1,412) 1,722 608 (442) - (264) Net income (loss) from equity affiliates and other items (4,497) (3,770) 169 (7) 106 - (7,999) Tax on net operating income 58 337 (326) (180) 98 - (13) Net operating income (b) (5,179) (4,845) 1,565 421 (238) - (8,276) Net cost of net debt ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 193 Non-controlling interests ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (54) Net income - TotalEnergies share ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (8,137) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (a) Adjustments include special items, inventory valuation effect and the effect of changes in fair value. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (b) Of which inventory valuation effect ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ - On operating income ​ - ​ - ​ 1,722 ​ 684 ​ - ​ ​ ​ ​ - On net operating income ​ - ​ - ​ 1,597 ​ 503 ​ - ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 1 st half 2022 (adjusted) ​ Integrated Gas, ​ Exploration ​ Refining ​ Marketing ​ ​ ​ ​ ​ ​ ​ ​ Renewables ​ & ​ & ​ & ​ ​ ​ ​ ​ ​ (M$) & Power Production Chemicals Services Corporate Intercompany Total External sales 22,578 4,672 66,069 50,056 8 - 143,383 Intersegment sales 3,360 27,623 22,062 983 133 (54,161) - Excise taxes - - (378) (8,607) - - (8,985) Revenues from sales 25,938 32,295 87,753 42,432 141 (54,161) 134,398 Operating expenses (21,906) (10,595) (82,375) (40,935) (417) 54,161 (102,067) Depreciation, depletion and impairment of tangible assets and mineral interests (634) (4,234) (769) (481) (68) - (6,186) Adjusted operating income 3,398 17,466 4,609 1,016 (344) - 26,145 Net income (loss) from equity affiliates and other items 2,820 344 336 63 73 - 3,636 Tax on net operating income (612) (8,076) (1,065) (341) (1) - (10,095) Adjusted net operating income 5,606 9,734 3,880 738 (272) - 19,686 Net cost of net debt ​ ​ ​ ​ ​ ​ (748) Non-controlling interests ​ ​ ​ ​ ​ ​ (165) Adjusted net income - TotalEnergies share ​ ​ ​ ​ ​ ​ 18,773 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 1 st half 2022 ​ Integrated Gas, ​ Exploration ​ Refining ​ Marketing ​ ​ ​ ​ ​ ​ ​ ​ Renewables ​ & ​ & ​ & ​ ​ ​ ​ ​ ​ (M$) & Power Production Chemicals Services Corporate Intercompany Total Total expenditures 2,311 6,099 561 428 34 ​ 9,433 Total divestments 1,481 346 83 151 12 ​ 2,073 Cash flow from operating activities 4,285 14,536 4,633 1,478 (1,031) ​ 23,901 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 1 st half 2021 ​ Integrated Gas, ​ Exploration ​ Refining ​ Marketing ​ ​ ​ ​ ​ ​ ​ ​ Renewables ​ & ​ & ​ & ​ ​ ​ ​ ​ ​ (M$) & Power Production Chemicals Services Corporate Intercompany Total External sales 10,588 3,257 40,054 36,880 7 - 90,786 Intersegment sales 1,555 14,433 11,890 186 68 (28,132) - Excise taxes - - (630) (9,890) - - (10,520) Revenues from sales 12,143 17,690 51,314 27,176 75 (28,132) 80,266 Operating expenses (10,321) (7,352) (48,579) (25,510) (374) 28,132 (64,004) Depreciation, depletion and impairment of tangible assets and mineral interests (762) (4,317) (787) (526) (54) - (6,446) Operating income 1,060 6,021 1,948 1,140 (353) - 9,816 Net income (loss) from equity affiliates and other items 682 (973) 211 23 (5) - (62) Tax on net operating income (157) (2,375) (561) (352) 54 - (3,391) Net operating income 1,585 2,673 1,598 811 (304) - 6,363 Net cost of net debt ​ (652) Non-controlling interests ​ (161) Net income - TotalEnergies share ​ 5,550 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 1 st half 2021 (adjustments) (a) ​ Integrated Gas, ​ Exploration ​ Refining ​ Marketing ​ ​ ​ ​ ​ ​ ​ ​ Renewables ​ & ​ & ​ & ​ ​ ​ ​ ​ ​ (M$) & Power Production Chemicals Services Corporate Intercompany Total External sales (44) - - - - - (44) Intersegment sales - - - - - - - Excise taxes - - - - - - - Revenues from sales (44) - - - - - (44) Operating expenses (62) (23) 1,131 213 - - 1,259 Depreciation, depletion and impairment of tangible assets and mineral interests (148) - (13) - - - (161) Operating income (b) (254) (23) 1,118 213 - - 1,054 Net income (loss) from equity affiliates and other items (96) (1,482) 28 (43) (62) - (1,655) Tax on net operating income 59 (10) (302) (60) 2 - (311) Net operating income (b) (291) (1,515) 844 110 (60) - (912) Net cost of net debt ​ ​ ​ ​ ​ ​ 10 Non-controlling interests ​ ​ ​ ​ ​ ​ (14) Net income - TotalEnergies share ​ ​ ​ ​ ​ ​ (916) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (a) Adjustments include special items, inventory valuation effect and the effect of changes in fair value. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (b) Of which inventory valuation effect ​ ​ ​ ​ ​ ​ ​ - On operating income - ​ - 1,140 206 - ​ ​ - On net operating income - - 937 148 - ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 1 st half 2021 (adjusted) ​ Integrated Gas, ​ Exploration ​ Refining ​ Marketing ​ ​ ​ ​ ​ ​ ​ ​ Renewables ​ & ​ & ​ & ​ ​ ​ ​ ​ ​ (M$) & Power Production Chemicals Services Corporate Intercompany Total External sales 10,632 3,257 40,054 36,880 7 - 90,830 Intersegment sales 1,555 14,433 11,890 186 68 (28,132) - Excise taxes - - (630) (9,890) - - (10,520) Revenues from sales 12,187 17,690 51,314 27,176 75 (28,132) 80,310 Operating expenses (10,259) (7,329) (49,710) (25,723) (374) 28,132 (65,263) Depreciation, depletion and impairment of tangible assets and mineral interests (614) (4,317) (774) (526) (54) - (6,285) Adjusted operating income 1,314 6,044 830 927 (353) - 8,762 Net income (loss) from equity affiliates and other items 778 509 183 66 57 - 1,593 Tax on net operating income (216) (2,365) (259) (292) 52 - (3,080) Adjusted net operating income 1,876 4,188 754 701 (244) - 7,275 Net cost of net debt ​ ​ ​ ​ ​ ​ ​ ​ (662) Non-controlling interests ​ ​ ​ ​ ​ ​ (147) Adjusted net income - TotalEnergies share ​ ​ ​ ​ ​ ​ 6,466 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 1 st half 2021 ​ Integrated Gas, ​ Exploration ​ Refining ​ Marketing ​ ​ ​ ​ ​ ​ ​ ​ Renewables ​ & ​ & ​ & ​ ​ ​ ​ ​ ​ (M$) & Power Production Chemicals Services Corporate Intercompany Total Total expenditures 4,187 3,195 578 360 48 ​ 8,368 Total divestments 452 374 129 107 18 ​ 1,080 Cash flow from operating activities 1,347 8,571 3,228 1,102 (1,099) ​ 13,149 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2 nd quarter 2022 ​ Integrated Gas, ​ Exploration ​ Refining ​ Marketing ​ ​ ​ ​ ​ ​ ​ ​ Renewables ​ & ​ & ​ & ​ ​ ​ ​ ​ ​ (M$) & Power Production Chemicals Services Corporate Intercompany Total External sales 10,281 2,521 35,061 26,907 4 - 74,774 Intersegment sales 1,889 13,805 12,785 716 70 (29,265) - Excise taxes - - (186) (4,143) - - (4,329) Revenues from sales 12,170 16,326 47,660 23,480 74 (29,265) 70,445 Operating expenses (10,997) (5,760) (43,242) (22,310) (557) 29,265 (53,601) Depreciation, depletion and impairment of tangible assets and mineral interests (327) (2,112) (389) (241) (33) - (3,102) Operating income 846 8,454 4,029 929 (516) - 13,742 Net income (loss) from equity affiliates and other items 823 (3,668) 349 98 71 - (2,327) Tax on net operating income (260) (3,876) (866) (296) (8) - (5,306) Net operating income 1,409 910 3,512 731 (453) - 6,109 Net cost of net debt ​ ​ ​ ​ ​ ​ (305) Non-controlling interests ​ ​ ​ ​ ​ ​ (112) Net income - TotalEnergies share ​ ​ ​ ​ ​ ​ 5,692 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2 nd quarter 2022 (adjustments) (a) ​ Integrated Gas, ​ Exploration ​ Refining ​ Marketing ​ ​ ​ ​ ​ ​ ​ ​ Renewables ​ & ​ & ​ & ​ ​ ​ ​ ​ ​ (M$) & Power Production Chemicals Services Corporate Intercompany Total External sales (15) - ​ - - - - (15) Intersegment sales - - ​ - - - - - Excise taxes - - ​ - - - - - Revenues from sales (15) - ​ - - - - (15) Operating expenses (606) (82) ​ 775 373 (301) - 159 Depreciation, depletion and impairment of tangible assets and mineral interests (14) (46) ​ - (4) - - (64) Operating income (b) (635) (128) ​ 775 369 (301) - 80 Net income (loss) from equity affiliates and other items (558) (3,756) ​ 52 (4) - - (4,266) Tax on net operating income 47 75 ​ (75) (100) 78 - 25 Net operating income (b) (1,146) (3,809) ​ 752 265 (223) - (4,161) Net cost of net debt ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 80 Non-controlling interests ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (23) Net income - TotalEnergies share ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (4,104) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (a) Adjustments include special items, inventory valuation effect and the effect of changes in fair value. (b) Of which inventory valuation effect ​ ​ ​ - On operating income - - 775 376 - ​ ​ ​ - On net operating income - - 752 275 - ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2 nd quarter 2022 (adjusted) ​ Integrated Gas, ​ Exploration ​ Refining ​ Marketing ​ ​ ​ ​ ​ ​ ​ ​ Renewables ​ & ​ & ​ & ​ ​ ​ ​ ​ ​ (M$) & Power Production Chemicals Services Corporate Intercompany Total External sales 10,296 2,521 35,061 26,907 4 - 74,789 Intersegment sales 1,889 13,805 12,785 716 70 (29,265) - Excise taxes - - (186) (4,143) - - (4,329) Revenues from sales 12,185 16,326 47,660 23,480 74 (29,265) 70,460 Operating expenses (10,391) (5,678) (44,017) (22,683) (256) 29,265 (53,760) Depreciation, depletion and impairment of tangible assets and mineral interests (313) (2,066) (389) (237) (33) - (3,038) Adjusted operating income 1,481 8,582 3,254 560 (215) - 13,662 Net income (loss) from equity affiliates and other items 1,381 88 297 102 71 - 1,939 Tax on net operating income (307) (3,951) (791) (196) (86) - (5,331) Adjusted net operating income 2,555 4,719 2,760 466 (230) - 10,270 Net cost of net debt ​ ​ ​ ​ ​ ​ (385) Non-controlling interests ​ ​ ​ ​ ​ ​ (89) Adjusted net income - TotalEnergies share ​ ​ ​ ​ ​ ​ 9,796 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2 nd quarter 2022 ​ Integrated Gas, ​ Exploration ​ Refining ​ Marketing ​ ​ ​ ​ ​ ​ ​ ​ Renewables ​ & ​ & ​ & ​ ​ ​ ​ ​ ​ (M$) & Power Production Chemicals Services Corporate Intercompany Total Total expenditures 872 4,128 333 288 25 ​ 5,646 Total divestments 466 63 56 72 7 ​ 664 Cash flow from operating activities 3,970 8,768 3,526 580 (560) ​ 16,284 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2 nd quarter 2021 ​ Integrated Gas, ​ Exploration ​ Refining ​ Marketing ​ ​ ​ ​ ​ ​ ​ ​ Renewables ​ & ​ & ​ & ​ ​ ​ ​ ​ ​ (M$) & Power Production Chemicals Services Corporate Intercompany Total External sales 5,086 1,743 20,853 19,367 - - 47,049 Intersegment sales 744 7,855 6,369 ​ 108 39 (15,115) - Excise taxes - - (225) ​ (5,191) - - (5,416) Revenues from sales 5,830 9,598 26,997 14,284 39 (15,115) 41,633 Operating expenses (5,103) (4,284) (25,646) (13,434) (207) 15,115 (33,559) Depreciation, depletion and impairment of tangible assets and mineral interests (291) (2,134) (396) (271) (29) - (3,121) Operating income 436 3,180 955 579 (197) - 4,953 Net income (loss) from equity affiliates and other items 419 (1,243) 123 57 23 - (621) Tax on net operating income (56) (1,195) (281) (176) 16 - (1,692) Net operating income 799 742 797 460 (158) - 2,640 Net cost of net debt ​ ​ (341) Non-controlling interests ​ (93) Net income - TotalEnergies share ​ 2,206 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2 nd quarter 2021 (adjustments) (a) ​ Integrated Gas, ​ Exploration ​ Refining ​ Marketing ​ ​ ​ ​ ​ ​ ​ ​ Renewables ​ & ​ & ​ & ​ ​ ​ ​ ​ ​ (M$) & Power Production Chemicals Services Corporate Intercompany Total External sales (9) - - - - - (9) Intersegment sales - - - - - - - Excise taxes - - - - - - - Revenues from sales (9) - - - - - (9) Operating expenses (54) (23) 386 71 - - 380 Depreciation, depletion and impairment of tangible assets and mineral interests (3) - (13) - - - (16) Operating income (b) (66) (23) 373 71 - - 355 Net income (loss) from equity affiliates and other items (47) (1,436) 22 (8) (22) - (1,491) Tax on net operating income 21 (12) (109) (20) - - (120) Net operating income (b) (92) (1,471) 286 43 (22) - (1,256) Net cost of net debt ​ 4 Non-controlling interests ​ (5) Net income - TotalEnergies share ​ (1,257) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (a) Adjustments include special items, inventory valuation effect and the effect of changes in fair value. (b) Of which inventory valuation effect - On operating income - - 394 69 - - On net operating income - - 331 50 - ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2 nd quarter 2021 (adjusted) ​ Integrated Gas, ​ Exploration ​ Refining ​ Marketing ​ ​ ​ ​ ​ ​ ​ ​ Renewables ​ & ​ & ​ & ​ ​ ​ ​ ​ ​ (M$) & Power Production Chemicals Services Corporate Intercompany Total External sales 5,095 1,743 20,853 19,367 - - 47,058 Intersegment sales 744 7,855 6,369 108 39 (15,115) - Excise taxes - - (225) (5,191) - - (5,416) Revenues from sales 5,839 9,598 26,997 14,284 39 (15,115) 41,642 Operating expenses (5,049) (4,261) (26,032) (13,505) (207) 15,115 (33,939) Depreciation, depletion and impairment of tangible assets and mineral interests (288) (2,134) (383) (271) (29) - (3,105) Adjusted operating income 502 3,203 582 508 (197) - 4,598 Net income (loss) from equity affiliates and other items 466 193 101 65 45 - 870 Tax on net operating income (77) (1,183) (172) (156) 16 - (1,572) Adjusted net operating income 891 2,213 511 417 (136) - 3,896 Net cost of net debt ​ (345) Non-controlling interests ​ (88) Adjusted net income - TotalEnergies share ​ 3,463 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2 nd quarter 2021 ​ Integrated Gas, ​ Exploration ​ Refining ​ Marketing ​ ​ ​ ​ ​ ​ ​ ​ Renewables ​ & ​ & ​ & ​ ​ ​ ​ ​ ​ (M$) & Power Production Chemicals Services Corporate Intercompany Total Total expenditures 1,167 1,830 291 222 22 ​ 3,532 Total divestments 310 63 13 36 6 ​ 428 Cash flow from operating activities 567 4,835 2,232 437 (520) ​ 7,551 ​ 3.2) Reconciliation of the information by business segment with consolidated financial statements ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Consolidated 1 st half 2022 ​ ​ ​ ​ ​ statement of (M$) Adjusted Adjustments (a) income Sales ​ 143,383 ​ (3) ​ 143,380 Excise taxes (8,985) - (8,985) Revenues from sales 134,398 (3) 134,395 ​ ​ ​ ​ ​ ​ ​ Purchases net of inventory variation (86,785) 1,694 (85,091) Other operating expenses (15,029) (635) (15,664) Exploration costs (253) (725) (978) Depreciation, depletion and impairment of tangible assets and mineral interests (6,186) (595) (6,781) Other income 550 22 572 Other expense (798) (2,797) (3,595) ​ ​ ​ ​ ​ ​ ​ Financial interest on debt (1,034) - (1,034) Financial income and expense from cash & cash equivalents 189 270 459 Cost of net debt (845) 270 (575) ​ ​ ​ ​ ​ ​ ​ Other financial income 350 84 434 Other financial expense (271) - (271) ​ ​ ​ ​ ​ ​ ​ Net income (loss) from equity affiliates 3,805 (5,308) (1,503) ​ ​ ​ ​ ​ ​ ​ Income taxes (9,998) (90) (10,088) Consolidated net income 18,938 (8,083) 10,855 TotalEnergies share 18,773 (8,137) 10,636 Non-controlling interests 165 54 219 ​ (a) Adjustments include special items, inventory valuation effect and the effect of changes in fair value. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Consolidated 1 st half 2021 ​ ​ ​ ​ ​ statement of (M$) Adjusted Adjustments (a) income Sales ​ 90,830 ​ (44) ​ 90,786 Excise taxes (10,520) ​ - (10,520) Revenues from sales 80,310 ​ (44) 80,266 ​ ​ ​ ​ ​ ​ ​ Purchases net of inventory variation (51,397) ​ 1,280 (50,117) Other operating expenses (13,576) ​ (21) (13,597) Exploration costs (290) ​ - (290) Depreciation, depletion and impairment of tangible assets and mineral interests (6,285) ​ (161) (6,446) Other income 554 ​ 27 581 Other expense (334) ​ (623) (957) ​ ​ ​ ​ ​ ​ ​ Financial interest on debt (967) ​ - (967) Financial income and expense from cash & cash equivalents 156 ​ 16 172 Cost of net debt (811) ​ 16 (795) ​ ​ ​ ​ ​ ​ ​ Other financial income 374 ​ - 374 Other financial expense (261) ​ - (261) ​ ​ ​ ​ ​ ​ ​ Net income (loss) from equity affiliates 1,260 ​ (1,059) 201 ​ ​ ​ ​ ​ ​ ​ Income taxes (2,931) ​ (317) (3,248) Consolidated net income 6,613 ​ (902) 5,711 TotalEnergies share 6,466 ​ (916) 5,550 Non-controlling interests 147 ​ 14 161 ​ (a) Adjustments include special items, inventory valuation effect and the effect of changes in fair value. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Consolidated 2 nd quarter 2022 ​ ​ ​ ​ ​ statement (M$) Adjusted Adjustments (a) of income Sales 74,789 (15) 74,774 Excise taxes (4,329) - (4,329) Revenues from sales 70,460 (15) 70,445 ​ ​ ​ ​ ​ ​ ​ Purchases net of inventory variation (46,023) 580 (45,443) Other operating expenses (7,620) (421) (8,041) Exploration costs (117) - (117) Depreciation, depletion and impairment of tangible assets and mineral interests (3,038) (64) (3,102) Other income 429 - 429 Other expense (529) (776) (1,305) ​ ​ ​ ​ ​ ​ ​ Financial interest on debt (572) - (572) Financial income and expense from cash & cash equivalents 130 115 245 Cost of net debt (442) 115 (327) ​ ​ ​ ​ ​ ​ ​ Other financial income 231 - 231 Other financial expense (136) - (136) ​ ​ ​ ​ ​ ​ ​ Net income (loss) from equity affiliates 1,944 (3,490) (1,546) ​ ​ ​ ​ ​ ​ ​ Income taxes (5,274) (10) (5,284) Consolidated net income 9,885 (4,081) 5,804 TotalEnergies share 9,796 (4,104) 5,692 Non-controlling interests 89 23 112 ​ (a) Adjustments include special items, inventory valuation effect and the effect of changes in fair value. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Consolidated 2 nd quarter 2021 ​ ​ ​ ​ ​ statement (M$) Adjusted Adjustments (a) of income Sales 47,058 ​ (9) 47,049 Excise taxes (5,416) ​ - (5,416) Revenues from sales 41,642 ​ (9) 41,633 ​ ​ ​ ​ ​ ​ ​ Purchases net of inventory variation (27,108) ​ 389 (26,719) Other operating expenses (6,708) ​ (9) (6,717) Exploration costs (123) ​ - (123) Depreciation, depletion and impairment of tangible assets and mineral interests (3,105) ​ (16) (3,121) Other income 138 ​ 85 223 Other expense (142) ​ (156) (298) ​ ​ ​ ​ ​ ​ ​ Financial interest on debt (501) ​ - (501) Financial income and expense from cash & cash equivalents 69 ​ 8 77 Cost of net debt (432) ​ 8 (424) ​ ​ ​ ​ ​ ​ ​ Other financial income 265 ​ - 265 Other financial expense (131) ​ - (131) ​ ​ ​ ​ ​ ​ ​ Net income (loss) from equity affiliates 740 ​ (1,420) (680) ​ ​ ​ ​ ​ ​ ​ Income taxes (1,485) ​ (124) (1,609) Consolidated net income 3,551 ​ (1,252) 2,299 TotalEnergies share 3,463 ​ (1,257) 2,206 Non-controlling interests 88 ​ 5 93 ​ (a) Adjustments include special items, inventory valuation effect and the effect of changes in fair value. ​ 3.3) Adjustment items The main adjustment items in the first half of 2022 are the following exceptional impairments and provisions related to the Russian-Ukrainian conflict: ● In the first quarter , an impairment of $(4,095) million in net result concerning notably Arctic LNG 2. ● In the second quarter, an impairment of $(3,513) million in net result related to the potential impact of international sanctions on the value of Novatek stake. The detail of the adjustment items is presented in the table below. ADJUSTMENTS TO OPERATING INCOME ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Integrated Gas, ​ Exploration ​ Refining ​ Marketing ​ ​ ​ ​ ​ ​ ​ Renewables ​ & ​ & ​ & ​ ​ ​ ​ (M$) ​ & Power Production Chemicals Services Corporate Total 2 nd quarter 2022 ​ Inventory valuation effect ​ - ​ - ​ 775 ​ 376 ​ - ​ 1,151 ​ ​ Effect of changes in fair value ​ (597) ​ - ​ - ​ - ​ - ​ (597) ​ Restructuring charges (17) - - - - (17) ​ Asset impairment and provisions charges (18) (46) - 4 - (60) ​ Other items (3) (82) - (11) (301) (397) Total ​ ​ (635) (128) 775 369 (301) 80 2 nd quarter 2021 Inventory valuation effect - ​ - ​ 394 ​ 69 ​ - ​ 463 ​ Effect of changes in fair value (49) ​ - ​ - ​ - ​ - ​ (49) ​ Restructuring charges (1) - (8) - - (9) ​ Asset impairment and provisions charges (3) - (13) - - (16) ​ Other items (13) (23) - 2 - (34) Total ​ ​ (66) (23) 373 71 - 355 1 st half 2022 Inventory valuation effect - - 1,722 684 - 2,406 ​ Effect of changes in fair value (685) - - - - (685) ​ Restructuring charges (22) - - - - (22) ​ Asset impairment and provisions charges (18) (1,330) - (65) (9) (1,422) ​ Other items (15) (82) - (11) (433) (541) Total ​ ​ (740) (1,412) 1,722 608 (442) (264) 1 st half 2021 Inventory valuation effect - - 1,140 206 - 1,346 ​ Effect of changes in fair value (58) - - - - (58) ​ Restructuring charges (10) - (8) - - (18) ​ Asset impairment and provisions charges (148) - (13) - - (161) ​ Other items (38) (23) (1) 7 - (55) Total ​ ​ (254) (23) 1,118 213 - 1,054 ​ ​ ADJUSTMENTS TO NET INCOME, TotalEnergies SHARE ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Integrated Gas, ​ Exploration ​ Refining ​ Marketing ​ ​ ​ ​ ​ ​ ​ Renewables ​ & ​ & ​ & ​ ​ ​ ​ (M$) ​ & Power Production Chemicals Services Corporate Total 2 nd quarter 2022 ​ Inventory valuation effect ​ - ​ - ​ 738 ​ 255 ​ - ​ 993 ​ ​ Effect of changes in fair value ​ (551) ​ - ​ - ​ - ​ - ​ (551) ​ Restructuring charges (8) - - - - (8) ​ Asset impairment and provisions charges (226) (3,493) - - - (3,719) ​ Gains (losses) on disposals of assets - ​ - - - - - ​ Other items (352) (286) - (8) (173) (819) Total ​ ​ (1,137) (3,779) 738 247 (173) (4,104) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2 nd quarter 2021 Inventory valuation effect - ​ - ​ 327 ​ 48 ​ - ​ 375 ​ Effect of changes in fair value (44) ​ - ​ - ​ - ​ - ​ (44) ​ Restructuring charges (4) (44) (32) (8) (22) (110) ​ Asset impairment and provisions charges (36) - (13) - - (49) ​ Gains (losses) on disposals of assets - (1,379) * - - - (1,379) ​ Other items (7) (44) - 1 - (50) Total ​ ​ (91) (1,467) 282 41 (22) (1,257) * Impact of the TotalEnergies' interest sale of Petrocedeño to PDVSA. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 1 st half 2022 Inventory valuation effect - - 1,573 460 - 2,033 ​ Effect of changes in fair value (631) - - - - (631) ​ Restructuring charges (11) - - - - (11) ​ Asset impairment and provisions charges (4,174) (4,525) - (72) (9) (8,780) ​ Gains (losses) on disposals of assets - ​ - - - - - ​ Other items (352) (272) (32) (8) (84) (748) Total ​ ​ (5,168) (4,797) 1,541 380 (93) (8,137) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 1 st half 2021 Inventory valuation effect - - 926 138 - 1,064 ​ Effect of changes in fair value (50) - - - - (50) ​ Restructuring charges (12) (85) (71) (43) (60) (271) ​ Asset impairment and provisions charges (180) - (13) - - (193) ​ Gains (losses) on disposals of assets - (1,379) * - - - (1,379) ​ Other items (42) (41) (9) 5 - (87) Total ​ ​ (284) (1,505) 833 100 (60) (916) * Impact of the TotalEnergies' interest sale of Petrocedeño to PDVSA. ​

Shareholders' equity

Shareholders' equity	6 Months Ended
	Jun. 30, 2022
Shareholders' equity
Shareholders' equity	4) Shareholders’ equity Treasury shares (TotalEnergies shares held directly by TotalEnergies SE) ​ ​ ​ ​ ​ ​ ​ December 31, 2021 June 30, 2022 Number of treasury shares 33,841,104 55,465,917 Percentage of share capital 1.28% ​ 2.12% Of which shares acquired with the intention to cancel them ​ 30,665,526 55,260,084 Of which shares allocated to TotalEnergies share performance plans for Company employees 3,103,018 99,850 Of which shares intended to be allocated to new share performance or purchase options plans 72,560 ​ 105,983 ​ Dividend The Shareholders’ meeting of May 25, 2022 approved the distribution of a dividend of 2.64 euros per share for the 2021 fiscal year and the payment of a final dividend of 0.66 euro per share given the three interim dividends that had already been paid. The dividend for fiscal year 2021 was paid according to the following timetable: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Dividend 2021 First interim Second interim Third interim Final Amount ​ €0.66 ​ €0.66 ​ €0.66 ​ €0.66 Set date ​ April 28, 2021 ​ July 28, 2021 ​ October 27, 2021 ​ May 25, 2022 Ex-dividend date ​ September 21, 2021 ​ January 3, 2022 ​ March 22, 2022 ​ June 21, 2022 Payment date ​ October 1, 2021 ​ January 13, 2022 ​ April 1, 2022 ​ July 1, 2022 ​ The Board of Directors of April 27, 2022 decided to increase interim dividends by 5% and consequently set the first interim dividend for the fiscal year 2022 at €0.69 per share. The ex-dividend date of this interim dividend will be September 21, 2022 and it will be paid in cash on October 3, 2022. Furthermore, the Board of Directors of July 27, 2022 decided to set the amount of the second interim dividend for the 2022 fiscal year at 0.69 euro per share, i.e an amount equal to the aforementioned first interim dividend. The ex-dividend date of the second interim dividend will be January 2, 2023 and it will be paid in cash on January 12, 2023. ​ ​ ​ ​ ​ ​ Dividend 2022 First interim Second interim Amount ​ € 0.69 ​ € 0.69 Set date ​ April 27, 2022 ​ July 27, 2022 Ex-dividend date ​ September 21, 2022 ​ January 2, 2023 Payment date ​ October 3, 2022 ​ January 12, 2023 ​ Earnings per share in Euro Earnings per share in Euro, calculated from the earnings per share in U.S. dollars converted at the average Euro/USD exchange rate for the period, amounted to € nd € st € nd € nd € st € nd Earnings per share are calculated after remuneration of perpetual subordinated notes. ​ Perpetual subordinated notes On January 17, 2022, TotalEnergies SE issued perpetual subordinated notes: - Perpetual subordinated notes 2.000% callable in April 2027, or in anticipation in January 2027 ( € 1,000 million); and - Perpetual subordinated notes 3.250% callable in January 2037, or in anticipation in July 2036 ( € 750 million). On May 18, 2022, TotalEnergies SE fully reimbursed the residual nominal amount of €1,750 million of its perpetual subordinated notes 3.875% issued in May 2016, on their first call date. Other comprehensive income Detail of other comprehensive income is presented in the table below: ​ ​ ​ ​ ​ ​ (M$) 1 st half 2022 1 st half 2021 Actuarial gains and losses 204 449 ​ ​ ​ ​ ​ Change in fair value of investments in equity instruments (17) 68 ​ ​ ​ ​ ​ Tax effect (42) (154) Currency translation adjustment generated by the parent company (7,137) (2,934) Sub-total items not potentially reclassifiable to profit and loss (6,992) (2,571) ​ ​ ​ ​ ​ Currency translation adjustment 3,535 1,777 - unrealized gain/(loss) of the period 3,532 1,898 - less gain/(loss) included in net income (3) 121 ​ ​ ​ ​ ​ Cash flow hedge 2,959 80 - unrealized gain/(loss) of the period 2,901 (56) - less gain/(loss) included in net income (58) (136) ​ ​ ​ ​ ​ Variation of foreign currency basis spread 70 (4) - unrealized gain/(loss) of the period 49 (29) - less gain/(loss) included in net income (21) (25) ​ ​ ​ ​ ​ Share of other comprehensive income of equity affiliates, net amount 2,464 451 - unrealized gain/(loss) of the period 2,427 449 - less gain/(loss) included in net income (37) (2) ​ ​ ​ ​ ​ Other (1) - ​ ​ ​ ​ ​ Tax effect (1,059) (57) Sub-total items potentially reclassifiable to profit and loss 7,968 2,247 Total other comprehensive income (net amount) 976 (324) ​ Tax effects relating to each component of other comprehensive income are as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 1 st half 2022 1 st half 2021 ​ ​ Pre-tax ​ ​ ​ ​ ​ ​ Pre-tax ​ ​ ​ ​ (M$) amount Tax effect Net amount amount Tax effect Net amount ​ Actuarial gains and losses ​ 204 ​ (53) ​ 151 ​ ​ 449 ​ (141) ​ 308 ​ Change in fair value of investments in equity instruments ​ (17) ​ 11 ​ (6) ​ ​ 68 ​ (13) ​ 55 ​ Currency translation adjustment generated by the parent company ​ (7,137) ​ - ​ (7,137) ​ ​ (2,934) ​ - ​ (2,934) ​ Sub-total items not potentially reclassifiable to profit and loss ​ (6,950) ​ (42) ​ (6,992) ​ ​ (2,417) ​ (154) ​ (2,571) ​ Currency translation adjustment ​ 3,535 ​ - ​ 3,535 ​ ​ 1,777 ​ - ​ 1,777 ​ Cash flow hedge ​ 2,959 ​ (1,041) ​ 1,918 ​ ​ 80 ​ (55) ​ 25 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Variation of foreign currency basis spread ​ 70 ​ (18) ​ 52 ​ ​ (4) ​ (2) ​ (6) ​ Share of other comprehensive income of equity affiliates, net amount ​ 2,464 ​ - ​ 2,464 ​ ​ 451 ​ - ​ 451 ​ Other ​ (1) ​ - ​ (1) ​ ​ - ​ - ​ - ​ Sub-total items potentially reclassifiable to profit and loss ​ 9,027 ​ (1,059) ​ 7,968 ​ ​ 2,304 ​ (57) ​ 2,247 ​ Total other comprehensive income ​ 2,077 ​ (1,101) ​ 976 ​ ​ (113) ​ (211) ​ (324) ​ ​

Financial debt

Financial debt	6 Months Ended
	Jun. 30, 2022
Financial debt
Financial debt	5) Financial debt The Company has not issued any new senior bond during the first six months of 2022. The Company reimbursed three senior bonds during the first six months of 2022: - - - On March 4, 2022, the Company put in place a committed syndicated credit line with banks for an amount of $8,000 million and with a 12-month tenor (with the option to extend its maturity twice by a further 6 months at TotalEnergies SE' hand).

Related parties

Related parties	6 Months Ended
	Jun. 30, 2022
Related parties
Related parties	6) Related parties The related parties are mainly equity affiliates and non-consolidated investments. There were no major changes concerning transactions with related parties during the first six months of 2022. The impact of the Russian-Ukrainian conflict on transactions with related parties in Russia is described in paragraph 7 Other risks and commitments.

Other risks and contingent liab

Other risks and contingent liabilities	6 Months Ended
	Jun. 30, 2022
Other risks and contingent liabilities
Other risks and contingent liabilities	7) Other risks and contingent liabilities TotalEnergies is not currently aware of any exceptional event, dispute, risks or contingent liabilities that could have a material impact on the assets and liabilities, results, financial position or operations of the TotalEnergies, other than those mentioned below. Yemen In Yemen, the deterioration of security conditions in the vicinity of the Balhaf site caused the company Yemen LNG, in which TotalEnergies holds a stake of 39.62%, to stop its commercial production and export of LNG and to declare force majeure to its various stakeholders in 2015. The plant has been put in preservation mode. Mozambique Considering the evolution of the security situation in the north of the Cabo Delgado province in Mozambique, TotalEnergies has confirmed on April 26, 2021, the withdrawal of all Mozambique LNG project personnel from the Afungi site. This situation led TotalEnergies, as operator of Mozambique LNG project, to declare force majeure. Russian-Ukrainian conflict Since the month of February 2022, Russia's invasion of Ukraine led European and American authorities to adopt several sets of sanctions measures targeting Russian and Belarusian persons and entities, as well as the financial sector. TotalEnergies holds investments in this country in major LNG projects (Yamal LNG and Arctic LNG 2) both directly and through its holding in the company PAO Novatek, whose production and sale of LNG are not materially impacted by the sanctions adopted as of the date hereof. Depending on the developments of the Russian-Ukrainian conflict and the measures that the European and American authorities could be required to take, the activities of TotalEnergies in Russia could be affected in the future. TotalEnergies announced on March 1, 2022, that it condemned Russia's military aggression against Ukraine, and that sanctions will be implemented by the Company regardless of the consequences on its asset management. On March 22, 2022, TotalEnergies announced that, given the uncertainty created by the technological and financial sanctions on the ability to carry out the Arctic LNG 2 project currently under construction and their probable tightening with the worsening conflict, TotalEnergies SE had decided to no longer book proved reserves for the Arctic LNG 2 project. Since then, on April 8, 2022, new sanctions have effectively been adopted by the European authorities, notably prohibiting export from European Union countries of goods and technology for use in the liquefaction of natural gas benefitting a Russian company. It appears that these new prohibitions constitute additional risks on the execution of the Arctic LNG 2 project. As a result, TotalEnergies recorded, in its accounts as of March 31, 2022, an impairment of $(4,095) million, concerning notably Arctic LNG 2. As of June 30, 2022, TotalEnergies recorded in its accounts a new $(3,513) million impairment charge related mainly to the potential impact of international sanctions on the value of its Novatek stake. In this context, indications of impairment were identified, and an impairment test to determine the value in use based on future cash flows was performed, taking into account assumptions reflecting the impact of sanctions on future cash flows. ​ ​ The table below presents the contribution of Russian assets to the key income and cash flow indicators: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Russian Upstream Assets (M$) 2 nd quarter 2022 1 st quarter 2022 1 st half 2022 2021 Adjusted net operating income ​ 707 ​ 1,021 ​ 1,727 ​ 2,092 Operating cash flow before working capital changes 1 857 288 1,144 1,613 ​ Capital Employed 2 ​ 1 2 .

Subsequent events

Subsequent events	6 Months Ended
	Jun. 30, 2022
Subsequent events
Subsequent events	8) Subsequent events There are no post-balance sheet events that could have a material impact on the Company’s financial statements.

Basis of preparation of the c_2

Basis of preparation of the consolidated financial statements (Policies)	6 Months Ended
	Jun. 30, 2022
Basis of preparation of the consolidated financial statements
Accounting principles applied in the interim financial statements	The accounting principles applied for the consolidated financial statements at June 30, 2022, are consistent with those used for the financial statements at December 31, 2021. Since January 1, 2020, the Company has early adopted the amendments to IFRS 7 and IFRS 9 relating to the interest rate benchmark reform phase II. In particular, these amendments allow to maintain the hedge accounting qualification of interest rate derivatives.

Business segment information (T

Business segment information (Tables)	6 Months Ended
	Jun. 30, 2022
Business segment information
Schedule of information by business segment	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 1 st half 2022 ​ Integrated Gas, ​ Exploration ​ Refining ​ Marketing ​ ​ ​ ​ ​ ​ ​ ​ Renewables ​ & ​ & ​ & ​ ​ ​ ​ ​ ​ (M$) & Power Production Chemicals Services Corporate Intercompany Total External sales 22,575 4,672 66,069 50,056 8 - 143,380 Intersegment sales 3,360 27,623 22,062 983 133 (54,161) - Excise taxes - - (378) (8,607) - - (8,985) Revenues from sales 25,935 32,295 87,753 42,432 141 (54,161) 134,395 Operating expenses (22,629) (11,468) (80,653) (40,294) (850) 54,161 (101,733) Depreciation, depletion and impairment of tangible assets and mineral interests (648) (4,773) (769) (514) (77) - (6,781) Operating income 2,658 16,054 6,331 1,624 (786) - 25,881 Net income (loss) from equity affiliates and other items (1,677) (3,426) 505 56 179 - (4,363) Tax on net operating income (554) (7,739) (1,391) (521) 97 - (10,108) Net operating income 427 4,889 5,445 1,159 (510) - 11,410 Net cost of net debt ​ ​ ​ ​ ​ ​ (555) Non-controlling interests ​ ​ ​ ​ ​ ​ (219) Net income - TotalEnergies share ​ ​ ​ ​ ​ ​ 10,636 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 1 st half 2022 (adjustments) (a) ​ Integrated Gas, ​ Exploration ​ Refining ​ Marketing ​ ​ ​ ​ ​ ​ ​ ​ Renewables ​ & ​ & ​ & ​ ​ ​ ​ ​ ​ (M$) & Power Production Chemicals Services Corporate Intercompany Total External sales (3) - - - - - (3) Intersegment sales - - - - - - - Excise taxes - - - - - - - Revenues from sales (3) - - - - - (3) Operating expenses (723) (873) 1,722 641 (433) - 334 Depreciation, depletion and impairment of tangible assets and mineral interests (14) (539) - (33) (9) - (595) Operating income (b) (740) (1,412) 1,722 608 (442) - (264) Net income (loss) from equity affiliates and other items (4,497) (3,770) 169 (7) 106 - (7,999) Tax on net operating income 58 337 (326) (180) 98 - (13) Net operating income (b) (5,179) (4,845) 1,565 421 (238) - (8,276) Net cost of net debt ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 193 Non-controlling interests ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (54) Net income - TotalEnergies share ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (8,137) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (a) Adjustments include special items, inventory valuation effect and the effect of changes in fair value. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (b) Of which inventory valuation effect ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ - On operating income ​ - ​ - ​ 1,722 ​ 684 ​ - ​ ​ ​ ​ - On net operating income ​ - ​ - ​ 1,597 ​ 503 ​ - ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 1 st half 2022 (adjusted) ​ Integrated Gas, ​ Exploration ​ Refining ​ Marketing ​ ​ ​ ​ ​ ​ ​ ​ Renewables ​ & ​ & ​ & ​ ​ ​ ​ ​ ​ (M$) & Power Production Chemicals Services Corporate Intercompany Total External sales 22,578 4,672 66,069 50,056 8 - 143,383 Intersegment sales 3,360 27,623 22,062 983 133 (54,161) - Excise taxes - - (378) (8,607) - - (8,985) Revenues from sales 25,938 32,295 87,753 42,432 141 (54,161) 134,398 Operating expenses (21,906) (10,595) (82,375) (40,935) (417) 54,161 (102,067) Depreciation, depletion and impairment of tangible assets and mineral interests (634) (4,234) (769) (481) (68) - (6,186) Adjusted operating income 3,398 17,466 4,609 1,016 (344) - 26,145 Net income (loss) from equity affiliates and other items 2,820 344 336 63 73 - 3,636 Tax on net operating income (612) (8,076) (1,065) (341) (1) - (10,095) Adjusted net operating income 5,606 9,734 3,880 738 (272) - 19,686 Net cost of net debt ​ ​ ​ ​ ​ ​ (748) Non-controlling interests ​ ​ ​ ​ ​ ​ (165) Adjusted net income - TotalEnergies share ​ ​ ​ ​ ​ ​ 18,773 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 1 st half 2022 ​ Integrated Gas, ​ Exploration ​ Refining ​ Marketing ​ ​ ​ ​ ​ ​ ​ ​ Renewables ​ & ​ & ​ & ​ ​ ​ ​ ​ ​ (M$) & Power Production Chemicals Services Corporate Intercompany Total Total expenditures 2,311 6,099 561 428 34 ​ 9,433 Total divestments 1,481 346 83 151 12 ​ 2,073 Cash flow from operating activities 4,285 14,536 4,633 1,478 (1,031) ​ 23,901 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 1 st half 2021 ​ Integrated Gas, ​ Exploration ​ Refining ​ Marketing ​ ​ ​ ​ ​ ​ ​ ​ Renewables ​ & ​ & ​ & ​ ​ ​ ​ ​ ​ (M$) & Power Production Chemicals Services Corporate Intercompany Total External sales 10,588 3,257 40,054 36,880 7 - 90,786 Intersegment sales 1,555 14,433 11,890 186 68 (28,132) - Excise taxes - - (630) (9,890) - - (10,520) Revenues from sales 12,143 17,690 51,314 27,176 75 (28,132) 80,266 Operating expenses (10,321) (7,352) (48,579) (25,510) (374) 28,132 (64,004) Depreciation, depletion and impairment of tangible assets and mineral interests (762) (4,317) (787) (526) (54) - (6,446) Operating income 1,060 6,021 1,948 1,140 (353) - 9,816 Net income (loss) from equity affiliates and other items 682 (973) 211 23 (5) - (62) Tax on net operating income (157) (2,375) (561) (352) 54 - (3,391) Net operating income 1,585 2,673 1,598 811 (304) - 6,363 Net cost of net debt ​ (652) Non-controlling interests ​ (161) Net income - TotalEnergies share ​ 5,550 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 1 st half 2021 (adjustments) (a) ​ Integrated Gas, ​ Exploration ​ Refining ​ Marketing ​ ​ ​ ​ ​ ​ ​ ​ Renewables ​ & ​ & ​ & ​ ​ ​ ​ ​ ​ (M$) & Power Production Chemicals Services Corporate Intercompany Total External sales (44) - - - - - (44) Intersegment sales - - - - - - - Excise taxes - - - - - - - Revenues from sales (44) - - - - - (44) Operating expenses (62) (23) 1,131 213 - - 1,259 Depreciation, depletion and impairment of tangible assets and mineral interests (148) - (13) - - - (161) Operating income (b) (254) (23) 1,118 213 - - 1,054 Net income (loss) from equity affiliates and other items (96) (1,482) 28 (43) (62) - (1,655) Tax on net operating income 59 (10) (302) (60) 2 - (311) Net operating income (b) (291) (1,515) 844 110 (60) - (912) Net cost of net debt ​ ​ ​ ​ ​ ​ 10 Non-controlling interests ​ ​ ​ ​ ​ ​ (14) Net income - TotalEnergies share ​ ​ ​ ​ ​ ​ (916) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (a) Adjustments include special items, inventory valuation effect and the effect of changes in fair value. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (b) Of which inventory valuation effect ​ ​ ​ ​ ​ ​ ​ - On operating income - ​ - 1,140 206 - ​ ​ - On net operating income - - 937 148 - ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 1 st half 2021 (adjusted) ​ Integrated Gas, ​ Exploration ​ Refining ​ Marketing ​ ​ ​ ​ ​ ​ ​ ​ Renewables ​ & ​ & ​ & ​ ​ ​ ​ ​ ​ (M$) & Power Production Chemicals Services Corporate Intercompany Total External sales 10,632 3,257 40,054 36,880 7 - 90,830 Intersegment sales 1,555 14,433 11,890 186 68 (28,132) - Excise taxes - - (630) (9,890) - - (10,520) Revenues from sales 12,187 17,690 51,314 27,176 75 (28,132) 80,310 Operating expenses (10,259) (7,329) (49,710) (25,723) (374) 28,132 (65,263) Depreciation, depletion and impairment of tangible assets and mineral interests (614) (4,317) (774) (526) (54) - (6,285) Adjusted operating income 1,314 6,044 830 927 (353) - 8,762 Net income (loss) from equity affiliates and other items 778 509 183 66 57 - 1,593 Tax on net operating income (216) (2,365) (259) (292) 52 - (3,080) Adjusted net operating income 1,876 4,188 754 701 (244) - 7,275 Net cost of net debt ​ ​ ​ ​ ​ ​ ​ ​ (662) Non-controlling interests ​ ​ ​ ​ ​ ​ (147) Adjusted net income - TotalEnergies share ​ ​ ​ ​ ​ ​ 6,466 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 1 st half 2021 ​ Integrated Gas, ​ Exploration ​ Refining ​ Marketing ​ ​ ​ ​ ​ ​ ​ ​ Renewables ​ & ​ & ​ & ​ ​ ​ ​ ​ ​ (M$) & Power Production Chemicals Services Corporate Intercompany Total Total expenditures 4,187 3,195 578 360 48 ​ 8,368 Total divestments 452 374 129 107 18 ​ 1,080 Cash flow from operating activities 1,347 8,571 3,228 1,102 (1,099) ​ 13,149 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2 nd quarter 2022 ​ Integrated Gas, ​ Exploration ​ Refining ​ Marketing ​ ​ ​ ​ ​ ​ ​ ​ Renewables ​ & ​ & ​ & ​ ​ ​ ​ ​ ​ (M$) & Power Production Chemicals Services Corporate Intercompany Total External sales 10,281 2,521 35,061 26,907 4 - 74,774 Intersegment sales 1,889 13,805 12,785 716 70 (29,265) - Excise taxes - - (186) (4,143) - - (4,329) Revenues from sales 12,170 16,326 47,660 23,480 74 (29,265) 70,445 Operating expenses (10,997) (5,760) (43,242) (22,310) (557) 29,265 (53,601) Depreciation, depletion and impairment of tangible assets and mineral interests (327) (2,112) (389) (241) (33) - (3,102) Operating income 846 8,454 4,029 929 (516) - 13,742 Net income (loss) from equity affiliates and other items 823 (3,668) 349 98 71 - (2,327) Tax on net operating income (260) (3,876) (866) (296) (8) - (5,306) Net operating income 1,409 910 3,512 731 (453) - 6,109 Net cost of net debt ​ ​ ​ ​ ​ ​ (305) Non-controlling interests ​ ​ ​ ​ ​ ​ (112) Net income - TotalEnergies share ​ ​ ​ ​ ​ ​ 5,692 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2 nd quarter 2022 (adjustments) (a) ​ Integrated Gas, ​ Exploration ​ Refining ​ Marketing ​ ​ ​ ​ ​ ​ ​ ​ Renewables ​ & ​ & ​ & ​ ​ ​ ​ ​ ​ (M$) & Power Production Chemicals Services Corporate Intercompany Total External sales (15) - ​ - - - - (15) Intersegment sales - - ​ - - - - - Excise taxes - - ​ - - - - - Revenues from sales (15) - ​ - - - - (15) Operating expenses (606) (82) ​ 775 373 (301) - 159 Depreciation, depletion and impairment of tangible assets and mineral interests (14) (46) ​ - (4) - - (64) Operating income (b) (635) (128) ​ 775 369 (301) - 80 Net income (loss) from equity affiliates and other items (558) (3,756) ​ 52 (4) - - (4,266) Tax on net operating income 47 75 ​ (75) (100) 78 - 25 Net operating income (b) (1,146) (3,809) ​ 752 265 (223) - (4,161) Net cost of net debt ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 80 Non-controlling interests ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (23) Net income - TotalEnergies share ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (4,104) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (a) Adjustments include special items, inventory valuation effect and the effect of changes in fair value. (b) Of which inventory valuation effect ​ ​ ​ - On operating income - - 775 376 - ​ ​ ​ - On net operating income - - 752 275 - ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2 nd quarter 2022 (adjusted) ​ Integrated Gas, ​ Exploration ​ Refining ​ Marketing ​ ​ ​ ​ ​ ​ ​ ​ Renewables ​ & ​ & ​ & ​ ​ ​ ​ ​ ​ (M$) & Power Production Chemicals Services Corporate Intercompany Total External sales 10,296 2,521 35,061 26,907 4 - 74,789 Intersegment sales 1,889 13,805 12,785 716 70 (29,265) - Excise taxes - - (186) (4,143) - - (4,329) Revenues from sales 12,185 16,326 47,660 23,480 74 (29,265) 70,460 Operating expenses (10,391) (5,678) (44,017) (22,683) (256) 29,265 (53,760) Depreciation, depletion and impairment of tangible assets and mineral interests (313) (2,066) (389) (237) (33) - (3,038) Adjusted operating income 1,481 8,582 3,254 560 (215) - 13,662 Net income (loss) from equity affiliates and other items 1,381 88 297 102 71 - 1,939 Tax on net operating income (307) (3,951) (791) (196) (86) - (5,331) Adjusted net operating income 2,555 4,719 2,760 466 (230) - 10,270 Net cost of net debt ​ ​ ​ ​ ​ ​ (385) Non-controlling interests ​ ​ ​ ​ ​ ​ (89) Adjusted net income - TotalEnergies share ​ ​ ​ ​ ​ ​ 9,796 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2 nd quarter 2022 ​ Integrated Gas, ​ Exploration ​ Refining ​ Marketing ​ ​ ​ ​ ​ ​ ​ ​ Renewables ​ & ​ & ​ & ​ ​ ​ ​ ​ ​ (M$) & Power Production Chemicals Services Corporate Intercompany Total Total expenditures 872 4,128 333 288 25 ​ 5,646 Total divestments 466 63 56 72 7 ​ 664 Cash flow from operating activities 3,970 8,768 3,526 580 (560) ​ 16,284 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2 nd quarter 2021 ​ Integrated Gas, ​ Exploration ​ Refining ​ Marketing ​ ​ ​ ​ ​ ​ ​ ​ Renewables ​ & ​ & ​ & ​ ​ ​ ​ ​ ​ (M$) & Power Production Chemicals Services Corporate Intercompany Total External sales 5,086 1,743 20,853 19,367 - - 47,049 Intersegment sales 744 7,855 6,369 ​ 108 39 (15,115) - Excise taxes - - (225) ​ (5,191) - - (5,416) Revenues from sales 5,830 9,598 26,997 14,284 39 (15,115) 41,633 Operating expenses (5,103) (4,284) (25,646) (13,434) (207) 15,115 (33,559) Depreciation, depletion and impairment of tangible assets and mineral interests (291) (2,134) (396) (271) (29) - (3,121) Operating income 436 3,180 955 579 (197) - 4,953 Net income (loss) from equity affiliates and other items 419 (1,243) 123 57 23 - (621) Tax on net operating income (56) (1,195) (281) (176) 16 - (1,692) Net operating income 799 742 797 460 (158) - 2,640 Net cost of net debt ​ ​ (341) Non-controlling interests ​ (93) Net income - TotalEnergies share ​ 2,206 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2 nd quarter 2021 (adjustments) (a) ​ Integrated Gas, ​ Exploration ​ Refining ​ Marketing ​ ​ ​ ​ ​ ​ ​ ​ Renewables ​ & ​ & ​ & ​ ​ ​ ​ ​ ​ (M$) & Power Production Chemicals Services Corporate Intercompany Total External sales (9) - - - - - (9) Intersegment sales - - - - - - - Excise taxes - - - - - - - Revenues from sales (9) - - - - - (9) Operating expenses (54) (23) 386 71 - - 380 Depreciation, depletion and impairment of tangible assets and mineral interests (3) - (13) - - - (16) Operating income (b) (66) (23) 373 71 - - 355 Net income (loss) from equity affiliates and other items (47) (1,436) 22 (8) (22) - (1,491) Tax on net operating income 21 (12) (109) (20) - - (120) Net operating income (b) (92) (1,471) 286 43 (22) - (1,256) Net cost of net debt ​ 4 Non-controlling interests ​ (5) Net income - TotalEnergies share ​ (1,257) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (a) Adjustments include special items, inventory valuation effect and the effect of changes in fair value. (b) Of which inventory valuation effect - On operating income - - 394 69 - - On net operating income - - 331 50 - ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2 nd quarter 2021 (adjusted) ​ Integrated Gas, ​ Exploration ​ Refining ​ Marketing ​ ​ ​ ​ ​ ​ ​ ​ Renewables ​ & ​ & ​ & ​ ​ ​ ​ ​ ​ (M$) & Power Production Chemicals Services Corporate Intercompany Total External sales 5,095 1,743 20,853 19,367 - - 47,058 Intersegment sales 744 7,855 6,369 108 39 (15,115) - Excise taxes - - (225) (5,191) - - (5,416) Revenues from sales 5,839 9,598 26,997 14,284 39 (15,115) 41,642 Operating expenses (5,049) (4,261) (26,032) (13,505) (207) 15,115 (33,939) Depreciation, depletion and impairment of tangible assets and mineral interests (288) (2,134) (383) (271) (29) - (3,105) Adjusted operating income 502 3,203 582 508 (197) - 4,598 Net income (loss) from equity affiliates and other items 466 193 101 65 45 - 870 Tax on net operating income (77) (1,183) (172) (156) 16 - (1,572) Adjusted net operating income 891 2,213 511 417 (136) - 3,896 Net cost of net debt ​ (345) Non-controlling interests ​ (88) Adjusted net income - TotalEnergies share ​ 3,463 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2 nd quarter 2021 ​ Integrated Gas, ​ Exploration ​ Refining ​ Marketing ​ ​ ​ ​ ​ ​ ​ ​ Renewables ​ & ​ & ​ & ​ ​ ​ ​ ​ ​ (M$) & Power Production Chemicals Services Corporate Intercompany Total Total expenditures 1,167 1,830 291 222 22 ​ 3,532 Total divestments 310 63 13 36 6 ​ 428 Cash flow from operating activities 567 4,835 2,232 437 (520) ​ 7,551
Schedule of reconciliation of the information by business segment with consolidated financial statements	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Consolidated 1 st half 2022 ​ ​ ​ ​ ​ statement of (M$) Adjusted Adjustments (a) income Sales ​ 143,383 ​ (3) ​ 143,380 Excise taxes (8,985) - (8,985) Revenues from sales 134,398 (3) 134,395 ​ ​ ​ ​ ​ ​ ​ Purchases net of inventory variation (86,785) 1,694 (85,091) Other operating expenses (15,029) (635) (15,664) Exploration costs (253) (725) (978) Depreciation, depletion and impairment of tangible assets and mineral interests (6,186) (595) (6,781) Other income 550 22 572 Other expense (798) (2,797) (3,595) ​ ​ ​ ​ ​ ​ ​ Financial interest on debt (1,034) - (1,034) Financial income and expense from cash & cash equivalents 189 270 459 Cost of net debt (845) 270 (575) ​ ​ ​ ​ ​ ​ ​ Other financial income 350 84 434 Other financial expense (271) - (271) ​ ​ ​ ​ ​ ​ ​ Net income (loss) from equity affiliates 3,805 (5,308) (1,503) ​ ​ ​ ​ ​ ​ ​ Income taxes (9,998) (90) (10,088) Consolidated net income 18,938 (8,083) 10,855 TotalEnergies share 18,773 (8,137) 10,636 Non-controlling interests 165 54 219 ​ (a) Adjustments include special items, inventory valuation effect and the effect of changes in fair value. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Consolidated 1 st half 2021 ​ ​ ​ ​ ​ statement of (M$) Adjusted Adjustments (a) income Sales ​ 90,830 ​ (44) ​ 90,786 Excise taxes (10,520) ​ - (10,520) Revenues from sales 80,310 ​ (44) 80,266 ​ ​ ​ ​ ​ ​ ​ Purchases net of inventory variation (51,397) ​ 1,280 (50,117) Other operating expenses (13,576) ​ (21) (13,597) Exploration costs (290) ​ - (290) Depreciation, depletion and impairment of tangible assets and mineral interests (6,285) ​ (161) (6,446) Other income 554 ​ 27 581 Other expense (334) ​ (623) (957) ​ ​ ​ ​ ​ ​ ​ Financial interest on debt (967) ​ - (967) Financial income and expense from cash & cash equivalents 156 ​ 16 172 Cost of net debt (811) ​ 16 (795) ​ ​ ​ ​ ​ ​ ​ Other financial income 374 ​ - 374 Other financial expense (261) ​ - (261) ​ ​ ​ ​ ​ ​ ​ Net income (loss) from equity affiliates 1,260 ​ (1,059) 201 ​ ​ ​ ​ ​ ​ ​ Income taxes (2,931) ​ (317) (3,248) Consolidated net income 6,613 ​ (902) 5,711 TotalEnergies share 6,466 ​ (916) 5,550 Non-controlling interests 147 ​ 14 161 ​ (a) Adjustments include special items, inventory valuation effect and the effect of changes in fair value. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Consolidated 2 nd quarter 2022 ​ ​ ​ ​ ​ statement (M$) Adjusted Adjustments (a) of income Sales 74,789 (15) 74,774 Excise taxes (4,329) - (4,329) Revenues from sales 70,460 (15) 70,445 ​ ​ ​ ​ ​ ​ ​ Purchases net of inventory variation (46,023) 580 (45,443) Other operating expenses (7,620) (421) (8,041) Exploration costs (117) - (117) Depreciation, depletion and impairment of tangible assets and mineral interests (3,038) (64) (3,102) Other income 429 - 429 Other expense (529) (776) (1,305) ​ ​ ​ ​ ​ ​ ​ Financial interest on debt (572) - (572) Financial income and expense from cash & cash equivalents 130 115 245 Cost of net debt (442) 115 (327) ​ ​ ​ ​ ​ ​ ​ Other financial income 231 - 231 Other financial expense (136) - (136) ​ ​ ​ ​ ​ ​ ​ Net income (loss) from equity affiliates 1,944 (3,490) (1,546) ​ ​ ​ ​ ​ ​ ​ Income taxes (5,274) (10) (5,284) Consolidated net income 9,885 (4,081) 5,804 TotalEnergies share 9,796 (4,104) 5,692 Non-controlling interests 89 23 112 ​ (a) Adjustments include special items, inventory valuation effect and the effect of changes in fair value. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Consolidated 2 nd quarter 2021 ​ ​ ​ ​ ​ statement (M$) Adjusted Adjustments (a) of income Sales 47,058 ​ (9) 47,049 Excise taxes (5,416) ​ - (5,416) Revenues from sales 41,642 ​ (9) 41,633 ​ ​ ​ ​ ​ ​ ​ Purchases net of inventory variation (27,108) ​ 389 (26,719) Other operating expenses (6,708) ​ (9) (6,717) Exploration costs (123) ​ - (123) Depreciation, depletion and impairment of tangible assets and mineral interests (3,105) ​ (16) (3,121) Other income 138 ​ 85 223 Other expense (142) ​ (156) (298) ​ ​ ​ ​ ​ ​ ​ Financial interest on debt (501) ​ - (501) Financial income and expense from cash & cash equivalents 69 ​ 8 77 Cost of net debt (432) ​ 8 (424) ​ ​ ​ ​ ​ ​ ​ Other financial income 265 ​ - 265 Other financial expense (131) ​ - (131) ​ ​ ​ ​ ​ ​ ​ Net income (loss) from equity affiliates 740 ​ (1,420) (680) ​ ​ ​ ​ ​ ​ ​ Income taxes (1,485) ​ (124) (1,609) Consolidated net income 3,551 ​ (1,252) 2,299 TotalEnergies share 3,463 ​ (1,257) 2,206 Non-controlling interests 88 ​ 5 93 ​ (a) Adjustments include special items, inventory valuation effect and the effect of changes in fair value. ​
Schedule of detail of the adjustment items	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Integrated Gas, ​ Exploration ​ Refining ​ Marketing ​ ​ ​ ​ ​ ​ ​ Renewables ​ & ​ & ​ & ​ ​ ​ ​ (M$) ​ & Power Production Chemicals Services Corporate Total 2 nd quarter 2022 ​ Inventory valuation effect ​ - ​ - ​ 775 ​ 376 ​ - ​ 1,151 ​ ​ Effect of changes in fair value ​ (597) ​ - ​ - ​ - ​ - ​ (597) ​ Restructuring charges (17) - - - - (17) ​ Asset impairment and provisions charges (18) (46) - 4 - (60) ​ Other items (3) (82) - (11) (301) (397) Total ​ ​ (635) (128) 775 369 (301) 80 2 nd quarter 2021 Inventory valuation effect - ​ - ​ 394 ​ 69 ​ - ​ 463 ​ Effect of changes in fair value (49) ​ - ​ - ​ - ​ - ​ (49) ​ Restructuring charges (1) - (8) - - (9) ​ Asset impairment and provisions charges (3) - (13) - - (16) ​ Other items (13) (23) - 2 - (34) Total ​ ​ (66) (23) 373 71 - 355 1 st half 2022 Inventory valuation effect - - 1,722 684 - 2,406 ​ Effect of changes in fair value (685) - - - - (685) ​ Restructuring charges (22) - - - - (22) ​ Asset impairment and provisions charges (18) (1,330) - (65) (9) (1,422) ​ Other items (15) (82) - (11) (433) (541) Total ​ ​ (740) (1,412) 1,722 608 (442) (264) 1 st half 2021 Inventory valuation effect - - 1,140 206 - 1,346 ​ Effect of changes in fair value (58) - - - - (58) ​ Restructuring charges (10) - (8) - - (18) ​ Asset impairment and provisions charges (148) - (13) - - (161) ​ Other items (38) (23) (1) 7 - (55) Total ​ ​ (254) (23) 1,118 213 - 1,054 ​ ​ ADJUSTMENTS TO NET INCOME, TotalEnergies SHARE ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Integrated Gas, ​ Exploration ​ Refining ​ Marketing ​ ​ ​ ​ ​ ​ ​ Renewables ​ & ​ & ​ & ​ ​ ​ ​ (M$) ​ & Power Production Chemicals Services Corporate Total 2 nd quarter 2022 ​ Inventory valuation effect ​ - ​ - ​ 738 ​ 255 ​ - ​ 993 ​ ​ Effect of changes in fair value ​ (551) ​ - ​ - ​ - ​ - ​ (551) ​ Restructuring charges (8) - - - - (8) ​ Asset impairment and provisions charges (226) (3,493) - - - (3,719) ​ Gains (losses) on disposals of assets - ​ - - - - - ​ Other items (352) (286) - (8) (173) (819) Total ​ ​ (1,137) (3,779) 738 247 (173) (4,104) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2 nd quarter 2021 Inventory valuation effect - ​ - ​ 327 ​ 48 ​ - ​ 375 ​ Effect of changes in fair value (44) ​ - ​ - ​ - ​ - ​ (44) ​ Restructuring charges (4) (44) (32) (8) (22) (110) ​ Asset impairment and provisions charges (36) - (13) - - (49) ​ Gains (losses) on disposals of assets - (1,379) * - - - (1,379) ​ Other items (7) (44) - 1 - (50) Total ​ ​ (91) (1,467) 282 41 (22) (1,257) * Impact of the TotalEnergies' interest sale of Petrocedeño to PDVSA. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 1 st half 2022 Inventory valuation effect - - 1,573 460 - 2,033 ​ Effect of changes in fair value (631) - - - - (631) ​ Restructuring charges (11) - - - - (11) ​ Asset impairment and provisions charges (4,174) (4,525) - (72) (9) (8,780) ​ Gains (losses) on disposals of assets - ​ - - - - - ​ Other items (352) (272) (32) (8) (84) (748) Total ​ ​ (5,168) (4,797) 1,541 380 (93) (8,137) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 1 st half 2021 Inventory valuation effect - - 926 138 - 1,064 ​ Effect of changes in fair value (50) - - - - (50) ​ Restructuring charges (12) (85) (71) (43) (60) (271) ​ Asset impairment and provisions charges (180) - (13) - - (193) ​ Gains (losses) on disposals of assets - (1,379) * - - - (1,379) ​ Other items (42) (41) (9) 5 - (87) Total ​ ​ (284) (1,505) 833 100 (60) (916) * Impact of the TotalEnergies' interest sale of Petrocedeño to PDVSA.

Shareholders' equity (Tables)

Shareholders' equity (Tables)	6 Months Ended
	Jun. 30, 2022
Shareholders' equity
Schedule of treasury shares held	​ ​ ​ ​ ​ ​ ​ December 31, 2021 June 30, 2022 Number of treasury shares 33,841,104 55,465,917 Percentage of share capital 1.28% ​ 2.12% Of which shares acquired with the intention to cancel them ​ 30,665,526 55,260,084 Of which shares allocated to TotalEnergies share performance plans for Company employees 3,103,018 99,850 Of which shares intended to be allocated to new share performance or purchase options plans 72,560 ​ 105,983
Schedule of information about dividends paid	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Dividend 2021 First interim Second interim Third interim Final Amount ​ €0.66 ​ €0.66 ​ €0.66 ​ €0.66 Set date ​ April 28, 2021 ​ July 28, 2021 ​ October 27, 2021 ​ May 25, 2022 Ex-dividend date ​ September 21, 2021 ​ January 3, 2022 ​ March 22, 2022 ​ June 21, 2022 Payment date ​ October 1, 2021 ​ January 13, 2022 ​ April 1, 2022 ​ July 1, 2022 ​ ​ ​ ​ ​ ​ Dividend 2022 First interim Second interim Amount ​ € 0.69 ​ € 0.69 Set date ​ April 27, 2022 ​ July 27, 2022 Ex-dividend date ​ September 21, 2022 ​ January 2, 2023 Payment date ​ October 3, 2022 ​ January 12, 2023
Detail of other comprehensive income	​ ​ ​ ​ ​ ​ (M$) 1 st half 2022 1 st half 2021 Actuarial gains and losses 204 449 ​ ​ ​ ​ ​ Change in fair value of investments in equity instruments (17) 68 ​ ​ ​ ​ ​ Tax effect (42) (154) Currency translation adjustment generated by the parent company (7,137) (2,934) Sub-total items not potentially reclassifiable to profit and loss (6,992) (2,571) ​ ​ ​ ​ ​ Currency translation adjustment 3,535 1,777 - unrealized gain/(loss) of the period 3,532 1,898 - less gain/(loss) included in net income (3) 121 ​ ​ ​ ​ ​ Cash flow hedge 2,959 80 - unrealized gain/(loss) of the period 2,901 (56) - less gain/(loss) included in net income (58) (136) ​ ​ ​ ​ ​ Variation of foreign currency basis spread 70 (4) - unrealized gain/(loss) of the period 49 (29) - less gain/(loss) included in net income (21) (25) ​ ​ ​ ​ ​ Share of other comprehensive income of equity affiliates, net amount 2,464 451 - unrealized gain/(loss) of the period 2,427 449 - less gain/(loss) included in net income (37) (2) ​ ​ ​ ​ ​ Other (1) - ​ ​ ​ ​ ​ Tax effect (1,059) (57) Sub-total items potentially reclassifiable to profit and loss 7,968 2,247 Total other comprehensive income (net amount) 976 (324) ​ Tax effects relating to each component of other comprehensive income are as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 1 st half 2022 1 st half 2021 ​ ​ Pre-tax ​ ​ ​ ​ ​ ​ Pre-tax ​ ​ ​ ​ (M$) amount Tax effect Net amount amount Tax effect Net amount ​ Actuarial gains and losses ​ 204 ​ (53) ​ 151 ​ ​ 449 ​ (141) ​ 308 ​ Change in fair value of investments in equity instruments ​ (17) ​ 11 ​ (6) ​ ​ 68 ​ (13) ​ 55 ​ Currency translation adjustment generated by the parent company ​ (7,137) ​ - ​ (7,137) ​ ​ (2,934) ​ - ​ (2,934) ​ Sub-total items not potentially reclassifiable to profit and loss ​ (6,950) ​ (42) ​ (6,992) ​ ​ (2,417) ​ (154) ​ (2,571) ​ Currency translation adjustment ​ 3,535 ​ - ​ 3,535 ​ ​ 1,777 ​ - ​ 1,777 ​ Cash flow hedge ​ 2,959 ​ (1,041) ​ 1,918 ​ ​ 80 ​ (55) ​ 25 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Variation of foreign currency basis spread ​ 70 ​ (18) ​ 52 ​ ​ (4) ​ (2) ​ (6) ​ Share of other comprehensive income of equity affiliates, net amount ​ 2,464 ​ - ​ 2,464 ​ ​ 451 ​ - ​ 451 ​ Other ​ (1) ​ - ​ (1) ​ ​ - ​ - ​ - ​ Sub-total items potentially reclassifiable to profit and loss ​ 9,027 ​ (1,059) ​ 7,968 ​ ​ 2,304 ​ (57) ​ 2,247 ​ Total other comprehensive income ​ 2,077 ​ (1,101) ​ 976 ​ ​ (113) ​ (211) ​ (324) ​

Other risks and contingent li_2

Other risks and contingent liabilities (Tables)	6 Months Ended
	Jun. 30, 2022
Other risks and contingent liabilities
Schedule of contribution of Russian assets to key income and cash flow indicators	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Russian Upstream Assets (M$) 2 nd quarter 2022 1 st quarter 2022 1 st half 2022 2021 Adjusted net operating income ​ 707 ​ 1,021 ​ 1,727 ​ 2,092 Operating cash flow before working capital changes 1 857 288 1,144 1,613

Basis of preparation of the c_3

Basis of preparation of the consolidated financial statements (Details) - USD ($) $ in Millions	Jun. 30, 2022	Mar. 31, 2022
Arctic LNG 2 LLC
Associates
Impairment		$ (4,095)
Novatek
Associates
Impairment	$ (3,513)

Changes in the Company struct_2

Changes in the Company structure - Main acquisitions and divestments (Details) home in Millions, $ in Millions				3 Months Ended	12 Months Ended
	Apr. 27, 2022 bbl / d	Apr. 26, 2022 bbl / d	Feb. 28, 2022 USD ($) home mi GW	Mar. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)	Feb. 28, 2022 km	Feb. 28, 2022 mi²	Feb. 28, 2022 km²
Myanmar
Main acquisitions and divestments
Asset impairments recorded in operating result | $					$ (201)
Asset impairments recorded in net result, TotalEnergies share | $					$ (305)
North Platte
Main acquisitions and divestments
Asset impairments recorded in net result, TotalEnergies share | $				$ (957)
Maritime lease area OCS-A 0538
Main acquisitions and divestments
Consideration for development of an offshore wind farm | $			$ 795
Percentage of development of an offshore wind farm			100%
Distance from coast			47			87
Lease area							132	341
Minimum generation capacity | GW			3
Number of homes where power can be provided | home			1
Pre-salt Atapu oil field
Main acquisitions and divestments
Production of project | bbl / d		160,000
Pre-salt Atapu oil field | Forecast
Main acquisitions and divestments
Production of project | bbl / d		350,000
Pre-salt Atapu oil field | Petrobras
Main acquisitions and divestments
Percentage of interest acquired		22.50%
Pre-salt Sepia oil field
Main acquisitions and divestments
Production of project | bbl / d	180,000
Pre-salt Sepia oil field | Forecast
Main acquisitions and divestments
Production of project | bbl / d	350,000
Pre-salt Sepia oil field | Petrobras
Main acquisitions and divestments
Percentage of interest acquired	28%

Business segment information -

Business segment information - Information by business segment (Details) $ in Millions	3 Months Ended			6 Months Ended
	Jun. 30, 2022 USD ($)	Mar. 31, 2022 USD ($)	Jun. 30, 2021 USD ($)	Jun. 30, 2022 USD ($) segment	Jun. 30, 2021 USD ($)
Business segment information
Number of business segments | segment				4
Sales	$ 74,774	$ 68,606	$ 47,049	$ 143,380	$ 90,786
Excise taxes	(4,329)	(4,656)	(5,416)	(8,985)	(10,520)
Revenues from sales	70,445	63,950	41,633	134,395	80,266
Operating expenses	(53,601)		(33,559)	(101,733)	(64,004)
Depreciation, depletion and impairment of tangible assets and mineral interests	(3,102)	(3,679)	(3,121)	(6,781)	(6,446)
Operating income	13,742		4,953	25,881	9,816
Net income (loss) from equity affiliates and other items	(2,327)		(621)	(4,363)	(62)
Tax on net operating income	(5,306)		(1,692)	(10,108)	(3,391)
Net operating income	6,109		2,640	11,410	6,363
Net cost of net debt	(305)		(341)	(555)	(652)
Non-controlling interests	(112)	(107)	(93)	(219)	(161)
NET INCOME - TotalEnergies SHARE	5,692	4,944	2,206	10,636	5,550
Total expenditures	5,646	3,787	3,532	9,433	8,368
Total divestments	664	1,409	428	2,073	1,080
Cash flow from operating activities	16,284	$ 7,617	7,551	23,901	13,149
Intercompany
Business segment information
Sales	(29,265)		(15,115)	(54,161)	(28,132)
Revenues from sales	(29,265)		(15,115)	(54,161)	(28,132)
Operating expenses	29,265		15,115	54,161	28,132
Integrated Gas, Renewables and Power
Business segment information
Sales	10,281		5,086	22,575	10,588
Depreciation, depletion and impairment of tangible assets and mineral interests	(327)		(291)	(648)	(762)
Operating income	846		436	2,658	1,060
Net income (loss) from equity affiliates and other items	823		419	(1,677)	682
Tax on net operating income	(260)		(56)	(554)	(157)
Net operating income	1,409		799	427	1,585
Total expenditures	872		1,167	2,311	4,187
Total divestments	466		310	1,481	452
Cash flow from operating activities	3,970		567	4,285	1,347
Integrated Gas, Renewables and Power | Business segments and Corporate
Business segment information
Revenues from sales	12,170		5,830	25,935	12,143
Operating expenses	(10,997)		(5,103)	(22,629)	(10,321)
Integrated Gas, Renewables and Power | Intercompany
Business segment information
Sales	(1,889)		(744)	(3,360)	(1,555)
Exploration & Production
Business segment information
Sales	2,521		1,743	4,672	3,257
Depreciation, depletion and impairment of tangible assets and mineral interests	(2,112)		(2,134)	(4,773)	(4,317)
Operating income	8,454		3,180	16,054	6,021
Net income (loss) from equity affiliates and other items	(3,668)		(1,243)	(3,426)	(973)
Tax on net operating income	(3,876)		(1,195)	(7,739)	(2,375)
Net operating income	910		742	4,889	2,673
Total expenditures	4,128		1,830	6,099	3,195
Total divestments	63		63	346	374
Cash flow from operating activities	8,768		4,835	14,536	8,571
Exploration & Production | Business segments and Corporate
Business segment information
Revenues from sales	16,326		9,598	32,295	17,690
Operating expenses	(5,760)		(4,284)	(11,468)	(7,352)
Exploration & Production | Intercompany
Business segment information
Sales	(13,805)		(7,855)	(27,623)	(14,433)
Refining & Chemicals
Business segment information
Sales	35,061		20,853	66,069	40,054
Excise taxes	(186)		(225)	(378)	(630)
Depreciation, depletion and impairment of tangible assets and mineral interests	(389)		(396)	(769)	(787)
Operating income	4,029		955	6,331	1,948
Net income (loss) from equity affiliates and other items	349		123	505	211
Tax on net operating income	(866)		(281)	(1,391)	(561)
Net operating income	3,512		797	5,445	1,598
Total expenditures	333		291	561	578
Total divestments	56		13	83	129
Cash flow from operating activities	3,526		2,232	4,633	3,228
Refining & Chemicals | Business segments and Corporate
Business segment information
Revenues from sales	47,660		26,997	87,753	51,314
Operating expenses	(43,242)		(25,646)	(80,653)	(48,579)
Refining & Chemicals | Intercompany
Business segment information
Sales	(12,785)		(6,369)	(22,062)	(11,890)
Marketing & Services
Business segment information
Sales	26,907		19,367	50,056	36,880
Excise taxes	(4,143)		(5,191)	(8,607)	(9,890)
Depreciation, depletion and impairment of tangible assets and mineral interests	(241)		(271)	(514)	(526)
Operating income	929		579	1,624	1,140
Net income (loss) from equity affiliates and other items	98		57	56	23
Tax on net operating income	(296)		(176)	(521)	(352)
Net operating income	731		460	1,159	811
Total expenditures	288		222	428	360
Total divestments	72		36	151	107
Cash flow from operating activities	580		437	1,478	1,102
Marketing & Services | Business segments and Corporate
Business segment information
Revenues from sales	23,480		14,284	42,432	27,176
Operating expenses	(22,310)		(13,434)	(40,294)	(25,510)
Marketing & Services | Intercompany
Business segment information
Sales	(716)		(108)	(983)	(186)
Corporate
Business segment information
Sales	4			8	7
Depreciation, depletion and impairment of tangible assets and mineral interests	(33)		(29)	(77)	(54)
Operating income	(516)		(197)	(786)	(353)
Net income (loss) from equity affiliates and other items	71		23	179	(5)
Tax on net operating income	(8)		16	97	54
Net operating income	(453)		(158)	(510)	(304)
Total expenditures	25		22	34	48
Total divestments	7		6	12	18
Cash flow from operating activities	(560)		(520)	(1,031)	(1,099)
Corporate | Business segments and Corporate
Business segment information
Revenues from sales	74		39	141	75
Operating expenses	(557)		(207)	(850)	(374)
Corporate | Intercompany
Business segment information
Sales	(70)		(39)	(133)	(68)
Adjustments
Business segment information
Sales	(15)		(9)	(3)	(44)
Revenues from sales	(15)		(9)	(3)	(44)
Operating expenses	159		380	334	1,259
Depreciation, depletion and impairment of tangible assets and mineral interests	(64)		(16)	(595)	(161)
Operating income	80		355	(264)	1,054
Net income (loss) from equity affiliates and other items	(4,266)		(1,491)	(7,999)	(1,655)
Tax on net operating income	25		(120)	(13)	(311)
Net operating income	(4,161)		(1,256)	(8,276)	(912)
Net cost of net debt	80		4	193	10
Non-controlling interests	(23)		(5)	(54)	(14)
NET INCOME - TotalEnergies SHARE	(4,104)		(1,257)	(8,137)	(916)
Adjustments | Integrated Gas, Renewables and Power
Business segment information
Sales	(15)		(9)	(3)	(44)
Depreciation, depletion and impairment of tangible assets and mineral interests	(14)		(3)	(14)	(148)
Operating income	(635)		(66)	(740)	(254)
Net income (loss) from equity affiliates and other items	(558)		(47)	(4,497)	(96)
Tax on net operating income	47		21	58	59
Net operating income	(1,146)		(92)	(5,179)	(291)
NET INCOME - TotalEnergies SHARE	(1,137)		(91)	(5,168)	(284)
Adjustments | Integrated Gas, Renewables and Power | Business segments and Corporate
Business segment information
Revenues from sales	(15)		(9)	(3)	(44)
Operating expenses	(606)		(54)	(723)	(62)
Adjustments | Exploration & Production
Business segment information
Depreciation, depletion and impairment of tangible assets and mineral interests	(46)			(539)
Operating income	(128)		(23)	(1,412)	(23)
Net income (loss) from equity affiliates and other items	(3,756)		(1,436)	(3,770)	(1,482)
Tax on net operating income	75		(12)	337	(10)
Net operating income	(3,809)		(1,471)	(4,845)	(1,515)
NET INCOME - TotalEnergies SHARE	(3,779)		(1,467)	(4,797)	(1,505)
Adjustments | Exploration & Production | Business segments and Corporate
Business segment information
Operating expenses	(82)		(23)	(873)	(23)
Adjustments | Refining & Chemicals
Business segment information
Depreciation, depletion and impairment of tangible assets and mineral interests			(13)		(13)
Operating income	775		373	1,722	1,118
Net income (loss) from equity affiliates and other items	52		22	169	28
Tax on net operating income	(75)		(109)	(326)	(302)
Net operating income	752		286	1,565	844
NET INCOME - TotalEnergies SHARE	738		282	1,541	833
Adjustments | Refining & Chemicals | Business segments and Corporate
Business segment information
Operating expenses	775		386	1,722	1,131
Adjustments | Marketing & Services
Business segment information
Depreciation, depletion and impairment of tangible assets and mineral interests	(4)			(33)
Operating income	369		71	608	213
Net income (loss) from equity affiliates and other items	(4)		(8)	(7)	(43)
Tax on net operating income	(100)		(20)	(180)	(60)
Net operating income	265		43	421	110
NET INCOME - TotalEnergies SHARE	247		41	380	100
Adjustments | Marketing & Services | Business segments and Corporate
Business segment information
Operating expenses	373		71	641	213
Adjustments | Corporate
Business segment information
Depreciation, depletion and impairment of tangible assets and mineral interests				(9)
Operating income	(301)			(442)
Net income (loss) from equity affiliates and other items			(22)	106	(62)
Tax on net operating income	78			98	2
Net operating income	(223)		(22)	(238)	(60)
NET INCOME - TotalEnergies SHARE	(173)		(22)	(93)	(60)
Adjustments | Corporate | Business segments and Corporate
Business segment information
Operating expenses	(301)			(433)
Adjustments - Inventory valuation effect
Business segment information
Operating income	1,151		463	2,406	1,346
NET INCOME - TotalEnergies SHARE	993		375	2,033	1,064
Adjustments - Inventory valuation effect | Refining & Chemicals
Business segment information
Operating income	775		394	1,722	1,140
Net operating income	752		331	1,597	937
NET INCOME - TotalEnergies SHARE	738		327	1,573	926
Adjustments - Inventory valuation effect | Marketing & Services
Business segment information
Operating income	376		69	684	206
Net operating income	275		50	503	148
NET INCOME - TotalEnergies SHARE	255		48	460	138
ADJUSTED
Business segment information
Sales	74,789		47,058	143,383	90,830
Excise taxes	(4,329)		(5,416)	(8,985)	(10,520)
Revenues from sales	70,460		41,642	134,398	80,310
Operating expenses	(53,760)		(33,939)	(102,067)	(65,263)
Depreciation, depletion and impairment of tangible assets and mineral interests	(3,038)		(3,105)	(6,186)	(6,285)
Operating income	13,662		4,598	26,145	8,762
Net income (loss) from equity affiliates and other items	1,939		870	3,636	1,593
Tax on net operating income	(5,331)		(1,572)	(10,095)	(3,080)
Net operating income	10,270		3,896	19,686	7,275
Net cost of net debt	(385)		(345)	(748)	(662)
Non-controlling interests	(89)		(88)	(165)	(147)
NET INCOME - TotalEnergies SHARE	9,796		3,463	18,773	6,466
ADJUSTED | Intercompany
Business segment information
Sales	(29,265)		(15,115)	(54,161)	(28,132)
Revenues from sales	(29,265)		(15,115)	(54,161)	(28,132)
Operating expenses	29,265		15,115	54,161	28,132
ADJUSTED | Integrated Gas, Renewables and Power
Business segment information
Sales	10,296		5,095	22,578	10,632
Depreciation, depletion and impairment of tangible assets and mineral interests	(313)		(288)	(634)	(614)
Operating income	1,481		502	3,398	1,314
Net income (loss) from equity affiliates and other items	1,381		466	2,820	778
Tax on net operating income	(307)		(77)	(612)	(216)
Net operating income	2,555		891	5,606	1,876
ADJUSTED | Integrated Gas, Renewables and Power | Business segments and Corporate
Business segment information
Revenues from sales	12,185		5,839	25,938	12,187
Operating expenses	(10,391)		(5,049)	(21,906)	(10,259)
ADJUSTED | Integrated Gas, Renewables and Power | Intercompany
Business segment information
Sales	(1,889)		(744)	(3,360)	(1,555)
ADJUSTED | Exploration & Production
Business segment information
Sales	2,521		1,743	4,672	3,257
Depreciation, depletion and impairment of tangible assets and mineral interests	(2,066)		(2,134)	(4,234)	(4,317)
Operating income	8,582		3,203	17,466	6,044
Net income (loss) from equity affiliates and other items	88		193	344	509
Tax on net operating income	(3,951)		(1,183)	(8,076)	(2,365)
Net operating income	4,719		2,213	9,734	4,188
ADJUSTED | Exploration & Production | Business segments and Corporate
Business segment information
Revenues from sales	16,326		9,598	32,295	17,690
Operating expenses	(5,678)		(4,261)	(10,595)	(7,329)
ADJUSTED | Exploration & Production | Intercompany
Business segment information
Sales	(13,805)		(7,855)	(27,623)	(14,433)
ADJUSTED | Refining & Chemicals
Business segment information
Sales	35,061		20,853	66,069	40,054
Excise taxes	(186)		(225)	(378)	(630)
Depreciation, depletion and impairment of tangible assets and mineral interests	(389)		(383)	(769)	(774)
Operating income	3,254		582	4,609	830
Net income (loss) from equity affiliates and other items	297		101	336	183
Tax on net operating income	(791)		(172)	(1,065)	(259)
Net operating income	2,760		511	3,880	754
ADJUSTED | Refining & Chemicals | Business segments and Corporate
Business segment information
Revenues from sales	47,660		26,997	87,753	51,314
Operating expenses	(44,017)		(26,032)	(82,375)	(49,710)
ADJUSTED | Refining & Chemicals | Intercompany
Business segment information
Sales	(12,785)		(6,369)	(22,062)	(11,890)
ADJUSTED | Marketing & Services
Business segment information
Sales	26,907		19,367	50,056	36,880
Excise taxes	(4,143)		(5,191)	(8,607)	(9,890)
Depreciation, depletion and impairment of tangible assets and mineral interests	(237)		(271)	(481)	(526)
Operating income	560		508	1,016	927
Net income (loss) from equity affiliates and other items	102		65	63	66
Tax on net operating income	(196)		(156)	(341)	(292)
Net operating income	466		417	738	701
ADJUSTED | Marketing & Services | Business segments and Corporate
Business segment information
Revenues from sales	23,480		14,284	42,432	27,176
Operating expenses	(22,683)		(13,505)	(40,935)	(25,723)
ADJUSTED | Marketing & Services | Intercompany
Business segment information
Sales	(716)		(108)	(983)	(186)
ADJUSTED | Corporate
Business segment information
Sales	4			8	7
Depreciation, depletion and impairment of tangible assets and mineral interests	(33)		(29)	(68)	(54)
Operating income	(215)		(197)	(344)	(353)
Net income (loss) from equity affiliates and other items	71		45	73	57
Tax on net operating income	(86)		16	(1)	52
Net operating income	(230)		(136)	(272)	(244)
ADJUSTED | Corporate | Business segments and Corporate
Business segment information
Revenues from sales	74		39	141	75
Operating expenses	(256)		(207)	(417)	(374)
ADJUSTED | Corporate | Intercompany
Business segment information
Sales	$ (70)		$ (39)	$ (133)	$ (68)

Business segment information _2

Business segment information - Reconciliation with consolidated financial statements (Details) - USD ($) $ in Millions	3 Months Ended			6 Months Ended
	Jun. 30, 2022	Mar. 31, 2022	Jun. 30, 2021	Jun. 30, 2022	Dec. 31, 2021	Jun. 30, 2021
Business segment information
Sales	$ 74,774	$ 68,606	$ 47,049	$ 143,380		$ 90,786
Excise taxes	(4,329)	(4,656)	(5,416)	(8,985)		(10,520)
Revenues from sales	70,445	63,950	41,633	134,395		80,266
Purchases, net of inventory variation	(45,443)	(39,648)	(26,719)	(85,091)		(50,117)
Other operating expenses	(8,041)	(7,623)	(6,717)	(15,664)		(13,597)
Exploration costs	(117)	(861)	(123)	(978)		(290)
Depreciation, depletion and impairment of tangible assets and mineral interests	(3,102)	(3,679)	(3,121)	(6,781)		(6,446)
Other income	429	143	223	572		581
Other expense	(1,305)	(2,290)	(298)	(3,595)		(957)
Financial interest on debt	(572)	(462)	(501)	(1,034)		(967)
Financial income and expense from cash & cash equivalents	245	214	77	459		172
Cost of net debt	(327)	(248)	(424)	(575)		(795)
Other financial income	231	203	265	434		374
Other financial expense	(136)	(135)	(131)	(271)		(261)
Net income (loss) from equity affiliates	(1,546)	43	(680)	(1,503)		201
Income taxes	(5,284)	(4,804)	(1,609)	(10,088)		(3,248)
Consolidated net income	5,804	5,051	2,299	10,855	$ 10,655	5,711
TotalEnergies share	5,692	4,944	2,206	10,636		5,550
Non-controlling interests	112	$ 107	93	219		161
ADJUSTED
Business segment information
Sales	74,789		47,058	143,383		90,830
Excise taxes	(4,329)		(5,416)	(8,985)		(10,520)
Revenues from sales	70,460		41,642	134,398		80,310
Purchases, net of inventory variation	(46,023)		(27,108)	(86,785)		(51,397)
Other operating expenses	(7,620)		(6,708)	(15,029)		(13,576)
Exploration costs	(117)		(123)	(253)		(290)
Depreciation, depletion and impairment of tangible assets and mineral interests	(3,038)		(3,105)	(6,186)		(6,285)
Other income	429		138	550		554
Other expense	(529)		(142)	(798)		(334)
Financial interest on debt	(572)		(501)	(1,034)		(967)
Financial income and expense from cash & cash equivalents	130		69	189		156
Cost of net debt	(442)		(432)	(845)		(811)
Other financial income	231		265	350		374
Other financial expense	(136)		(131)	(271)		(261)
Net income (loss) from equity affiliates	1,944		740	3,805		1,260
Income taxes	(5,274)		(1,485)	(9,998)		(2,931)
Consolidated net income	9,885		3,551	18,938		6,613
TotalEnergies share	9,796		3,463	18,773		6,466
Non-controlling interests	89		88	165		147
Adjustments
Business segment information
Sales	(15)		(9)	(3)		(44)
Revenues from sales	(15)		(9)	(3)		(44)
Purchases, net of inventory variation	580		389	1,694		1,280
Other operating expenses	(421)		(9)	(635)		(21)
Exploration costs				(725)
Depreciation, depletion and impairment of tangible assets and mineral interests	(64)		(16)	(595)		(161)
Other income			85	22		27
Other expense	(776)		(156)	(2,797)		(623)
Financial income and expense from cash & cash equivalents	115		8	270		16
Cost of net debt	115		8	270		16
Other financial income				84
Net income (loss) from equity affiliates	(3,490)		(1,420)	(5,308)		(1,059)
Income taxes	(10)		(124)	(90)		(317)
Consolidated net income	(4,081)		(1,252)	(8,083)		(902)
TotalEnergies share	(4,104)		(1,257)	(8,137)		(916)
Non-controlling interests	$ 23		$ 5	$ 54		$ 14

Business segment information _3

Business segment information - Adjustment items (Details) - USD ($) $ in Millions			3 Months Ended			6 Months Ended
	Jun. 30, 2022	Mar. 31, 2022	Jun. 30, 2022	Mar. 31, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Business segment information
Operating income			$ 13,742		$ 4,953	$ 25,881	$ 9,816
NET INCOME - TotalEnergies SHARE			5,692	$ 4,944	2,206	10,636	5,550
Arctic LNG 2 LLC
Business segment information
Impairment		$ (4,095)
Novatek
Business segment information
Impairment	$ (3,513)
Adjustments
Business segment information
Operating income			80		355	(264)	1,054
NET INCOME - TotalEnergies SHARE			(4,104)		(1,257)	(8,137)	(916)
Adjustments | Arctic LNG 2 LLC
Business segment information
Impairment				$ (4,095)
Adjustments | Novatek
Business segment information
Impairment			(3,513)
Adjustments - Inventory valuation effect
Business segment information
Operating income			1,151		463	2,406	1,346
NET INCOME - TotalEnergies SHARE			993		375	2,033	1,064
Adjustments - Effect of changes in fair value
Business segment information
Operating income			(597)		(49)	(685)	(58)
NET INCOME - TotalEnergies SHARE			(551)		(44)	(631)	(50)
Adjustments - Restructuring charges
Business segment information
Operating income			(17)		(9)	(22)	(18)
NET INCOME - TotalEnergies SHARE			(8)		(110)	(11)	(271)
Adjustments - Asset impairment charges
Business segment information
Operating income			(60)		(16)	(1,422)	(161)
NET INCOME - TotalEnergies SHARE			(3,719)		(49)	(8,780)	(193)
Adjustments - Gains (losses) on disposals of assets
Business segment information
NET INCOME - TotalEnergies SHARE					(1,379)		(1,379)
Adjustments - Other items
Business segment information
Operating income			(397)		(34)	(541)	(55)
NET INCOME - TotalEnergies SHARE			(819)		(50)	(748)	(87)
Integrated Gas, Renewables and Power
Business segment information
Operating income			846		436	2,658	1,060
Integrated Gas, Renewables and Power | Adjustments
Business segment information
Operating income			(635)		(66)	(740)	(254)
NET INCOME - TotalEnergies SHARE			(1,137)		(91)	(5,168)	(284)
Integrated Gas, Renewables and Power | Adjustments - Effect of changes in fair value
Business segment information
Operating income			(597)		(49)	(685)	(58)
NET INCOME - TotalEnergies SHARE			(551)		(44)	(631)	(50)
Integrated Gas, Renewables and Power | Adjustments - Restructuring charges
Business segment information
Operating income			(17)		(1)	(22)	(10)
NET INCOME - TotalEnergies SHARE			(8)		(4)	(11)	(12)
Integrated Gas, Renewables and Power | Adjustments - Asset impairment charges
Business segment information
Operating income			(18)		(3)	(18)	(148)
NET INCOME - TotalEnergies SHARE			(226)		(36)	(4,174)	(180)
Integrated Gas, Renewables and Power | Adjustments - Other items
Business segment information
Operating income			(3)		(13)	(15)	(38)
NET INCOME - TotalEnergies SHARE			(352)		(7)	(352)	(42)
Exploration & Production
Business segment information
Operating income			8,454		3,180	16,054	6,021
Exploration & Production | Adjustments
Business segment information
Operating income			(128)		(23)	(1,412)	(23)
NET INCOME - TotalEnergies SHARE			(3,779)		(1,467)	(4,797)	(1,505)
Exploration & Production | Adjustments - Restructuring charges
Business segment information
NET INCOME - TotalEnergies SHARE					(44)		(85)
Exploration & Production | Adjustments - Asset impairment charges
Business segment information
Operating income			(46)			(1,330)
NET INCOME - TotalEnergies SHARE			(3,493)			(4,525)
Exploration & Production | Adjustments - Gains (losses) on disposals of assets
Business segment information
NET INCOME - TotalEnergies SHARE					(1,379)		(1,379)
Exploration & Production | Adjustments - Other items
Business segment information
Operating income			(82)		(23)	(82)	(23)
NET INCOME - TotalEnergies SHARE			(286)		(44)	(272)	(41)
Refining & Chemicals
Business segment information
Operating income			4,029		955	6,331	1,948
Refining & Chemicals | Adjustments
Business segment information
Operating income			775		373	1,722	1,118
NET INCOME - TotalEnergies SHARE			738		282	1,541	833
Refining & Chemicals | Adjustments - Inventory valuation effect
Business segment information
Operating income			775		394	1,722	1,140
NET INCOME - TotalEnergies SHARE			738		327	1,573	926
Refining & Chemicals | Adjustments - Restructuring charges
Business segment information
Operating income					(8)		(8)
NET INCOME - TotalEnergies SHARE					(32)		(71)
Refining & Chemicals | Adjustments - Asset impairment charges
Business segment information
Operating income					(13)		(13)
NET INCOME - TotalEnergies SHARE					(13)		(13)
Refining & Chemicals | Adjustments - Other items
Business segment information
Operating income							(1)
NET INCOME - TotalEnergies SHARE						(32)	(9)
Marketing & Services
Business segment information
Operating income			929		579	1,624	1,140
Marketing & Services | Adjustments
Business segment information
Operating income			369		71	608	213
NET INCOME - TotalEnergies SHARE			247		41	380	100
Marketing & Services | Adjustments - Inventory valuation effect
Business segment information
Operating income			376		69	684	206
NET INCOME - TotalEnergies SHARE			255		48	460	138
Marketing & Services | Adjustments - Restructuring charges
Business segment information
NET INCOME - TotalEnergies SHARE					(8)		(43)
Marketing & Services | Adjustments - Asset impairment charges
Business segment information
Operating income			4			(65)
NET INCOME - TotalEnergies SHARE						(72)
Marketing & Services | Adjustments - Other items
Business segment information
Operating income			(11)		2	(11)	7
NET INCOME - TotalEnergies SHARE			(8)		1	(8)	5
Corporate
Business segment information
Operating income			(516)		(197)	(786)	(353)
Corporate | Adjustments
Business segment information
Operating income			(301)			(442)
NET INCOME - TotalEnergies SHARE			(173)		(22)	(93)	(60)
Corporate | Adjustments - Restructuring charges
Business segment information
NET INCOME - TotalEnergies SHARE					$ (22)		$ (60)
Corporate | Adjustments - Asset impairment charges
Business segment information
Operating income						(9)
NET INCOME - TotalEnergies SHARE						(9)
Corporate | Adjustments - Other items
Business segment information
Operating income			(301)			(433)
NET INCOME - TotalEnergies SHARE			$ (173)			$ (84)

Shareholders' equity and share-

Shareholders' equity and share-based payments - Treasury shares (Details) - TotalEnergies SE - shares	Jun. 30, 2022	Dec. 31, 2021
Shareholders' equity
Number of treasury shares	55,465,917	33,841,104
Percentage of share capital represented by treasury shares	2.12%	1.28%
Shares to be cancelled	55,260,084	30,665,526
TotalEnergies share performance plans
Shareholders' equity
Shares allocated or intended to be allocated to share-based payment plans	99,850	3,103,018
New share performance or purchase options plans
Shareholders' equity
Shares allocated or intended to be allocated to share-based payment plans	105,983	72,560

Shareholders' equity - Dividend

Shareholders' equity - Dividend (Details) - € / shares	Jul. 27, 2022	Jul. 01, 2022	May 25, 2022	Apr. 27, 2022	Apr. 01, 2022	Jan. 13, 2022	Oct. 01, 2021
Dividend
Dividend approved for the 2021 fiscal year (in Euros per share)			€ 2.64
Percentage of increase in interim dividend per share				5%
First interim
Dividend
Dividend paid (in Euros per share)							€ 0.66
Interim dividend set by Board of Directors (in Euros per share)				€ 0.69
Second interim
Dividend
Dividend paid (in Euros per share)						€ 0.66
Interim dividend set by Board of Directors (in Euros per share)	€ 0.69
Third interim
Dividend
Dividend paid (in Euros per share)					€ 0.66
Final
Dividend
Dividend paid (in Euros per share)		€ 0.66

Shareholders' equity - Earnings

Shareholders' equity - Earnings per share (Details)	3 Months Ended						6 Months Ended
	Jun. 30, 2022 $ / shares	Jun. 30, 2022 € / shares	Mar. 31, 2022 $ / shares	Mar. 31, 2022 € / shares	Jun. 30, 2021 $ / shares	Jun. 30, 2021 € / shares	Jun. 30, 2022 $ / shares	Jun. 30, 2021 $ / shares
Earnings per share in euros
Earnings per share (in dollars or Euros per share) | (per share)	$ 2.18	€ 2.03	$ 1.87	€ 1.67	$ 0.80	€ 0.66	$ 4.04	$ 2.04
Diluted earnings per share (in dollars or Euros per share) | (per share)	$ 2.16	€ 2.03	$ 1.85	€ 1.65	$ 0.80	€ 0.66	$ 4.02	$ 2.03

Shareholders' equity - Perpetua

Shareholders' equity - Perpetual subordinated notes (Details) - EUR (€) € in Thousands	May 18, 2022	Jan. 17, 2022
Perpetual subordinated notes issued, 2.000%, callable April 2027
Shareholders' equity
Interest rate (as percent)		2%
Principal amount		€ 1,000,000
Perpetual subordinated notes issued, 3.250%, callable January 2037
Shareholders' equity
Interest rate (as percent)		3.25%
Principal amount		€ 750,000
Perpetual subordinated note, 3.875%, callable May 2022
Shareholders' equity
Interest rate (as percent)	3.875%
Reimbursement of residual amount	€ 1,750

Shareholders' equity - Other co

Shareholders' equity - Other comprehensive income (Details) - USD ($) $ in Millions	3 Months Ended			6 Months Ended
	Jun. 30, 2022	Mar. 31, 2022	Jun. 30, 2021	Jun. 30, 2022	Dec. 31, 2021	Jun. 30, 2021
Shareholders' equity
Actuarial gains and losses	$ 204		$ 449	$ 204		$ 449
Change in fair value of investments in equity instruments	(20)	$ 3	56	(17)		68
Tax effect	(53)	11	(142)	(42)		(154)
Currency translation adjustment generated by the parent company	(5,387)	(1,750)	1,239	(7,137)		(2,934)
Items not potentially reclassifiable to profit and loss	(5,256)	(1,736)	1,602	(6,992)		(2,571)
Currency translation adjustment	2,523	1,012	(746)	3,535		1,777
Unrealized gain/(loss) of the period				3,532		1,898
Less gain/(loss) included in net income				(3)		121
Cash flow hedge	3,222	(263)	(424)	2,959		80
Unrealized gain/(loss) of the period				2,901		(56)
Less gain/(loss) included in net income				(58)		(136)
Variation of foreign currency basis spread	21	49	(4)	70		(4)
unrealized gain/(loss) of the period				49		(29)
less gain/(loss) included in net income				(21)		(25)
Share of other comprehensive income of equity affiliates, net amount	2,548	(84)	(18)	2,464		451
Unrealized gain/(loss) of the period				2,427		449
Less gain/(loss) included in net income				(37)		(2)
Other	(1)		(1)	(1)
Tax effect	(1,112)	53	100	(1,059)		(57)
Sub-total items potentially reclassifiable to profit and loss	7,201	767	(1,093)	7,968		2,247
TOTAL OTHER COMPREHENSIVE INCOME, NET AMOUNT	$ 1,945	$ (969)	$ 509	$ 976	$ (1,122)	$ (324)

Shareholders' equity - Tax effe

Shareholders' equity - Tax effects of other comprehensive income (Details) - USD ($) $ in Millions	3 Months Ended			6 Months Ended
	Jun. 30, 2022	Mar. 31, 2022	Jun. 30, 2021	Jun. 30, 2022	Dec. 31, 2021	Jun. 30, 2021
Pre-tax amount
Actuarial gains and losses	$ 204		$ 449	$ 204		$ 449
Change in fair value of investments in equity instruments	(20)	$ 3	56	(17)		68
Currency translation adjustment generated by the parent company				(7,137)		(2,934)
Sub-total items not potentially reclassifiable to profit and loss				(6,950)		(2,417)
Currency translation adjustment	2,523	1,012	(746)	3,535		1,777
Cash flow hedge	3,222	(263)	(424)	2,959		80
Variation of foreign currency basis spread	21	49	(4)	70		(4)
Share of other comprehensive income of equity affiliates, net amount				2,464		451
Other	(1)		(1)	(1)
Sub-total items potentially reclassifiable to profit and loss				9,027		2,304
TOTAL OTHER COMPREHENSIVE INCOME				2,077		(113)
Tax effect
Actuarial gains and losses				(53)		(141)
Change in fair value of investments in equity instruments				11		(13)
Sub-total items not potentially reclassifiable to profit and loss	(53)	11	(142)	(42)		(154)
Cash flow hedge				(1,041)		(55)
Variation of foreign currency basis spread				(18)		(2)
Sub-total items potential reclassifiable to profit and loss	(1,112)	53	100	(1,059)		(57)
TOTAL OTHER COMPREHENSIVE INCOME				(1,101)		(211)
Net amount
Actuarial gains and losses				151		308
Change in fair value of investments in equity instruments				(6)		55
Currency translation adjustment generated by the parent company	(5,387)	(1,750)	1,239	(7,137)		(2,934)
Items not potentially reclassifiable to profit and loss	(5,256)	(1,736)	1,602	(6,992)		(2,571)
Currency translation adjustment				3,535		1,777
Cash flow hedge				1,918		25
Variation of foreign currency basis spread				52		(6)
Share of other comprehensive income of equity affiliates, net amount	2,548	(84)	(18)	2,464		451
Other				(1)
Items potentially reclassifiable to profit and loss	7,201	767	(1,093)	7,968		2,247
TOTAL OTHER COMPREHENSIVE INCOME, NET AMOUNT	$ 1,945	$ (969)	$ 509	$ 976	$ (1,122)	$ (324)

Financial debt (Details)

Financial debt (Details) € in Millions, £ in Millions, $ in Millions		6 Months Ended
	Mar. 04, 2022 USD ($)	Jun. 30, 2022 USD ($)	Jun. 30, 2022 EUR (€)	Jun. 30, 2022 GBP (£)
Bond 2.875% issued in 2012 and maturing in February 2022 | TotalEnergies Capital International
Financial debt
Interest rate (as percent)		2.875%	2.875%	2.875%
Amount of bonds reimbursed		$ 1,000
Bond 1.125% issued in 2014 and maturing in March 2022 | TotalEnergies Capital Canada Ltd
Financial debt
Interest rate (as percent)		1.125%	1.125%	1.125%
Amount of bonds reimbursed | €			€ 1,000
Bond 2.250% issued in 2015 and maturing in June 2022 | TotalEnergies Capital International
Financial debt
Interest rate (as percent)		2.25%	2.25%	2.25%
Amount of bonds reimbursed | £				£ 400
Syndicated credit line
Financial debt
Committed credit facilities granted by banks	$ 8,000
Borrowings term	12 months
Borrowings, period of extension option	6 months

Other risks and contingent li_3

Other risks and contingent liabilities (Details) - USD ($) $ in Millions			3 Months Ended			6 Months Ended		12 Months Ended
	Jun. 30, 2022	Mar. 31, 2022	Jun. 30, 2022	Mar. 31, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Disclosure of contingent liabilities
Net operating income			$ 6,109		$ 2,640	$ 11,410	$ 6,363
Russia
Disclosure of contingent liabilities
Operating cash flow before working capital changes			857	$ 288		1,144		$ 1,613
Capital employed	$ 8,760		8,760			8,760
Revaluation of capital employed			2,066
ADJUSTED
Disclosure of contingent liabilities
Net operating income			10,270		$ 3,896	19,686	$ 7,275
ADJUSTED | Russia
Disclosure of contingent liabilities
Net operating income			$ 707	$ 1,021		$ 1,727		$ 2,092
Yemen LNG Company Limited
Disclosure of contingent liabilities
Stake held in associate (as a percent)						39.62%
Arctic LNG 2 LLC
Disclosure of contingent liabilities
Impairment		$ (4,095)
Novatek
Disclosure of contingent liabilities
Impairment	$ (3,513)